Parkmead Share News (PMG)

Cluff Natural Resources buys three North Sea oil licenses for 1 pound

(ShareCast News) - Algy Cluff, the wily boss of Cluff Natural Resources (CLNR), has taken advantage of the oil price slump to sign an agreement to pay £1 to acquire a share of three North Sea licences that the company said offered the potential for 400m barrels of recoverable oil in the near-term. C

BROKER RATINGS SUMMARY: Citi Promotes Sky To European Focus List

Parkmead Group swings to annual loss on higher costs and lower revenue

(ShareCast News) - Oil and gas company The Parkmead Group swung to a pre-tax loss in the 12 months to the end of June, as higher costs, lower revenue and impairment charges took their toll. In the year to 30 June, the London-listed company posted a £30.8m loss compared with a £1m profit in 2014, whi

Parkmead Group Swings To Big Loss, Gets First Gas From Diever West

North Sea Oil Helicopter Pilots Show Strong Support For Strike Action

UK North Sea Oil And Gas Operators Face Strike By Helicopter Pilots

Parkmead shares up on licence news

(ShareCast News) - Shares in oil and gas company Parkmead were up after the company said it had won three new licenses in offshore blocks. At 1323 BST shares in AIM listed Parkmead were up 4.07% to 11.19p. Parkmead, which focuses on the UK and Netherlands, said the provisional licences were for the

Parkmead Group Awarded Three Offshore UK Licences Under 28th Round

Parkmead Raises GBP13.4M In Share Placing As It Eyes Acquisitions (ALLISS)

BROKER RATINGS SUMMARY: Liberum Cuts Wolseley To Hold From Buy

Parkmead Books Impairments And Higher Costs, Swings To Interim Loss

3rd UPDATE: Chancellor Offers GBP1.3 Billion To Support UK North Sea

UPDATE 2-Britain hands lifeline to North Sea oil industry with tax cuts

(Adds comments, background) By Karolin Schaps LONDON, March 18 (Reuters) - Britain announced on Wednesday a series of oil tax cuts and the creation of an investment allowance, heeding calls for help from battered North Sea oil and gas companies juggling high costs and a price slump.Read more

Sector movers: Oil stocks extend gains as Budget confirms North Sea tax breaks

Confirmation by chancellor George Osborne of budgetary measures to ease the pain in the struggling oil industry gave energy producers and services stocks another big lift on Wednesday. The 2015 Budget, the last of the current parliament, revealed new tax allowances worth £1.3bn in total to stimulate

BUZZ-North Sea oil: choppy trading following UK budget

** Wednesday's budget saw govt react with bold tax changes as oil rout adds to existing concerns about Britain's North Sea oilfields ** Supposed beneficiaries -- particularly in the UK small/mid-cap E&P sector - spiked following the announcement but the move proved to be short-lived *