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Conference report 2: Tangiers Petroleum reinvents itself with “unique” Project Icewine on Alaska’s North Slope
Alaska pipeline

Conference report 2: Tangiers Petroleum reinvents itself with “unique” Project Icewine on Alaska’s North Slope

8 mins. to read

By Amy McLellan Hit hard by the TAO-1 duster offshore Morocco, Australia’s Tangiers Petroleum has re-invented itself, with new management and a new asset. The company, which is dual listed on the ASX and AIM, was the high bidder on a huge tract of acreage in Alaska, known as Project Icewine, where there’s an exciting…

Conference report 1: Oilbarrel.com’s 70th conference sees discussions about conflict in Ukraine, the oil price and first oil from the Falkland Islands

Conference report 1: Oilbarrel.com’s 70th conference sees discussions about conflict in Ukraine, the oil price and first oil from the Falkland Islands

6 mins. to read

By Amy McLellan Anthony Robinson, the FT’s former Moscow correspondent and Oilbarrel.com’s go-to expert on Russian affairs, made a bold claim the last time he appeared at one of our events. Speaking last March shortly after Russia took control of Crimea, Robinson pledged to eat his hat if Putin made military moves into Eastern Ukraine.…

Kibaran Begins To Show Real Ambition, With Plans To Increase Graphite Output At Epanko
John Park

Kibaran Begins To Show Real Ambition, With Plans To Increase Graphite Output At Epanko

4 mins. to read

By Alastair Ford “We think the numbers are reasonable”, says John Park, well-known veteran of the junior mining scene and currently chairman of Kibaran Resources. He’s talking about Kibaran’s new plans for its flagship Epanko graphite project in Tanzania, which has already attracted the attention of major commodities traders. Off-take agreements are in the bag.…

Petropavlovsk’s Shareholders Look Set To Suffer Massive Dilution
Petropavlovsk's Prokovskiy mine

Petropavlovsk’s Shareholders Look Set To Suffer Massive Dilution

2 mins. to read

Pity the poor shareholders in Petropavlovsk. They are being asked to participate in a rights issue that will cut their company’s debt from US$922 million to around US$700 million. Well and good, you might say, particularly if you were versed only in the comings and goings of the majors. But Petropavlovsk is no longer a…

Kefi Boosts The Gold Resource At Tulu Kapi Again
Drilling at Tulu Kapi

Kefi Boosts The Gold Resource At Tulu Kapi Again

1 mins. to read

Kefi Minerals, which took over an apparently moribund gold asset in Ethiopia after an equally moribund Nyota Minerals was unable to withstand the impact of the falling gold price back in 2012, has delivered yet another resource update for the project as part of an ongoing feasibility study. Back when Nyota parted with Tulu Kapi…

Cub Energy reports production was up in Ukraine in 2014 but the group  remains concerned about fiscal terms
Ukraine still has a lot of gas

Cub Energy reports production was up in Ukraine in 2014 but the group remains concerned about fiscal terms

3 mins. to read

By Stewart Dalby TSX-Venture listed Cub Energy has recently reported on its fourth quarter 2014 output, the numbers for the twelve months of 2014 and the first 20 days of January 2015, from troubled Ukraine where it is entirely focused. In the report the company has said production was ahead for the final quarter 2014…

Rockhopper and FOGL gush higher as rig heads to the Falkland Islands
Drilling in the South Atlantic

Rockhopper and FOGL gush higher as rig heads to the Falkland Islands

3 mins. to read

By Amy McLellan Rockhopper Exploration, which is due to present at Oilbarrel.com’s 70th conference on Wednesday, has announced the mobilisation of the Eirik Raude drilling unit from West Africa to the Southern Atlantic. Shares in the AIM-quoted company surged more than eight per cent in morning trading to 56 pence per share in anticipation of…

Stratex Cuts Yet Another Deal In Turkey
Bob Foster

Stratex Cuts Yet Another Deal In Turkey

2 mins. to read

The Stratex model is in fine fettle it seems, after the company announced the signing of a new deal on one of its lesser-known Turkish licenses. Under the terms of the deal, the Turkish company Anadolu – a subsidiary of a major electricity generator – will spend up to US$1.5 million on drilling at Stratex’s…