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The FTSE 100 opened firmly in positive territory on Friday morning ahead of critical talks between US leaders this weekend. Stocks tracked Asian markets higher overnight with Japan's Nikkei finishing its final session of 2012 up around 0.7% (Japanese markets are closed on Monday). This means that t
Read moreSan Leon said Friday its Nowa Sol exploration programme in Poland has showed high potential for oil production. In an operations update the company announced positive results from tests undertaken at the Permain Main Dolmite, the primary oil-producing reservoir in Poland. Initial core results hav
Read moreOil and gas exploration minnow San Leon Energy is to acquire fellow explorer Aurelian in an-all share merger. Aurelian shareholders will receive 1.3 new San Leon shares for each Aurelian share, which will mean that following the merger existing Aurelian shareholders will hold approximately, 34% of
Read moreSan Leon Energy, the AIM-listed oil and gas explorer, has begun drilling on the Czaslaw SL-1 well on the Nowa Sol concession in the Southern Permian Basin, Southwest Poland. The Czaslaw SL-1 is the second exploration well on this concession and is focused on the Main Dolomite trend. The first well
Read moreSan Leon Energy, the AIM-listed oil and gas explorer, rose following reports that studies on the Barryroe oil field will have a recovery rate of 17-43 per cent. The latest update from Barryroe's operator, Providence Resources, on the oil discovery in the North Celtic Sea Basin, offshore Ireland, h
Read moreGold and copper explorer Kefi Minerals rose on Monday after it reported promising initial drill results at its Selib North site in Saudi Arabia. Numerous dykes were found that were not evident at surface, the firm said. It added that they could potentially converge to a larger 'parent stock' at dept
Read moreAngel Mining, which is currently focused on building a successful mining operation in Greenland, cheered its investors with the news that as of July 31st it had sold 7,569 ounces of gold at an average price of 1,668 dollars per ounce since its first gold sale in August 2011. The firm is continuing t
Read moreSan Leon Energy has announced its discovery of oil at the Lelechow-SL1 well which it has now finished drilling to a depth of 1,167 metres. The well is the first of a two-part drilling programme on its wholly-owned Nowa Sol concession which is targeting the main dolomite trend in the Southern Permi
Read moreOil and gas explorer San Leon Energy, has been awarded four additional blocks to its existing Tarfaya Oil Shale Acreage in Morocco as well as an extension of its exclusivity period. The blocks, which cover an area of 16km, can be mined and are candidates for the application of surface retorting proc
Read moreOil and gas explorer Cairn Energy is to acquire a half-share in the Foum Draa block in Morocco, diluting the stakes of San Leon Energy, Serica Energy, Longreach Oil and Gas Ventures. Cairn will pay its equity interest share of past costs and the first $60m towards the costs of an exploration well,
Read moreSan Leon Energy's Exploration Director, John Buggenhagen, purchased 750,000 shares on Tuesday, the same day the firm successfully completed its third shale gas exploration well in Poland's Baltic Basin. The shares traded hands at 10.75p a pop, costing Buggenhagen a total of £80,625. Following this
Read moreOil and gas explorer San Leon Energy has successfully completed its third shale gas exploration well in Poland's Baltic Basin. The well, which is operated by Talisman Energy on a farm-in agreement, delivered continuous gas shows, which are consistent with a potentially wet gas system. The strong
Read moreArian Silver, the Mexico focused silver company, said a dispute with the owner of a toll mill has prompted it to suspending trial milling operations at its San Jose mine in Zacatecas state. Arian says talks are underway to resolve the row but the stock was down 15% at 11:31. Baobab Resources, the m
Read moreOil and gas explorer San Leon Energy has announced that it is preparing to start drilling on a two-well exploration programme which will test the conventional oil potential of the Main Dolomite in the Southern Permian Basin on its wholly-owned Nowa Sol Concession. The first well will be drilling i
Read moreSan Leon Energy's Chairman, Oisin Fanning, has purchased one million shares in the company less than a week after the oil and gas explorer reported strong results from Poland. Fanning purchased the shares at 8.63p for £86,300, taking his stake in the company to 60.84m shares 5.33%. The firm unve
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