Master Investor

Isobel Deep finds oil in North Falkland Basin
Rockhopper,Premier,FOGL have a drilling success in the Falklands

Isobel Deep finds oil in North Falkland Basin

2 mins. to read

Good news for followers of the exploration campaign in the Falkland Islands as Premier Oil has struck oil with the Isobel Deep exploration well. The discovery lies in the North Falkland Basin, some 30 km from the company’s Sea Lion oilfield. The Isobel Deep exploration well was drilled to a depth of 2,527 metres, short…

Kea Petroleum suspends trading after it fails to raise £3 million for Shannon drill
Kea Petroleum stalled drilling in New Zealand

Kea Petroleum suspends trading after it fails to raise £3 million for Shannon drill

1 mins. to read

Last month, facing a cash crunch, under-pressure Kea Petroleum sought to raise £3 million through an equity fundraise via PrimaryBid.com in order to progress the Shannon prospect for drilling. The New Zealand focused company received aggregated bids of more than £1 million and extended the deadline on the open book offer to try to close…

Northern Petroleum announces progress with its low cost production in Alberta
Northern CEO Keith Bush and staff talk to shareholder

Northern Petroleum announces progress with its low cost production in Alberta

3 mins. to read

By Stewart Dalby Hard on the heels of the announcement that there has been movement with Northern Petroleum’s long dormant Italian Portfolio by way of a significant farm-in by Shell into one of its onshore assets there, the company has announced there has now been progress with its low-risk production- growth strategy in Canada. Two…

Wednesday’s Master Investor Market Report, featuring Brewin Dolphin, De La Rue, Fusionex International and Secure Property Development

Wednesday’s Master Investor Market Report, featuring Brewin Dolphin, De La Rue, Fusionex International and Secure Property Development

2 mins. to read

HM Government has pledged that future increases to the income tax personal allowance will track increases in the minimum wage. With the minimum wage set to rise 3% this October, we can expect a commensurate increase in allowances around the same time, and some experts believe that this may be echoed upwards through the tax…

Tuesday’s Master Investor Market Report, featuring Cineworld, William Sinclair, Flowgroup and Publishing Technology

Tuesday’s Master Investor Market Report, featuring Cineworld, William Sinclair, Flowgroup and Publishing Technology

2 mins. to read

The first criminal trial to result from the investigation into the LIBOR fixing scandal has begun today, with former UBS and Citigroup trader Tom Hayes accused of 8 counts of conspiracy between 2006-2010. Prosecutor Mukul Chawla described Mr Hayes as “the ringmaster at the very centre, telling others around him what to do and in…

Game on for Bwin

Game on for Bwin

3 mins. to read

By Connor Campbell With Bwin.Party Digital Entertainment (BPTY) the belle of the takeover ball at the moment, it makes sense to investigate the company’s current standing, and whether or not it’s a gamble worth taking. Currently the bidding war appears to be between 888 Holdings (888) and GVC Holdings (GVC), the latter being backed by…

Aminex’s Q1 2015 report stresses first gas production from Tanzania and debt repayment plan

Aminex’s Q1 2015 report stresses first gas production from Tanzania and debt repayment plan

4 mins. to read

By Stewart Dalby Aminex’s recently released Interim Management Statement inevitably has a backward looking aspect to it since it reports on events in first quarter 2015 which have already been extensively reported. But there is some new detail in the statement and the question that obviously arises — and the release attempts to answer– is…

Hurricane Energy still has lots of options for its West of Shetland oil finds
Hurricane Energy -- Drilling West of Shetland

Hurricane Energy still has lots of options for its West of Shetland oil finds

2 mins. to read

Two thousand and fourteen wasn’t the best year for Hurricane Energy to drill its breakthrough well in the West of Shetlands. The company, which made its debut on AIM in February 2014 to add another £17 million to its balance sheet, delighted its new shareholders when its Q2 horizontal appraisal well on its Lancaster oilfield…

Oil prices hold strong despite uncertainties over US stockpiles
Eithne Treanor

Oil prices hold strong despite uncertainties over US stockpiles

3 mins. to read

By Eithne Treanor American stockpiles continued their decline for the third week and the geopolitical situation remained volatile. This added further uncertainty to the oil market, but the price held strong. In early trading on Friday, Brent crude was priced around US$66 with WTI back above US$60 a barrel. The volatility on the market will…

Friday’s Master Investor Market Report, featuring Severn Trent, HSBC, Venn Life Sciences and PluS500

Friday’s Master Investor Market Report, featuring Severn Trent, HSBC, Venn Life Sciences and PluS500

2 mins. to read

UK Government borrowing dropped to £6.8 billion in April, down from £9.3 billion in the same month of 2014 and the lowest April figure since 2008. The Office for National Statistics revised its full year estimates upwards to £87.7 billion, which remains below the government’s target of £90.3 billion. However, this target may be further…