Master Investor

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…

How Do You Value Rio Tinto?
Rio's Argyle mine

How Do You Value Rio Tinto?

1 mins. to read

Towards the end of a research note released on the morning of 2nd February, Investec notes the wide disparity in potential valuations for Rio Tinto. According to data collated by Rio Tinto itself from 29 analysts, the estimates for the net present value of the company (NPV) range from a pretty lowly US$43 billion, or…

Poweralternatives: Alkane Energy’s trading update said a weak final quarter 2014 is likely to impact on PBT for last year when results are announced in March
An Alkane Energy methane gas to power plant

Poweralternatives: Alkane Energy’s trading update said a weak final quarter 2014 is likely to impact on PBT for last year when results are announced in March

2 mins. to read

By Stewart Dalby In line with its established practice, Alkane Energy the UK gas-to-power producer has released a trading statement ahead of its final results for 2014 which are due to be announced on March 11. The company has reported a weak final quarter to 2014. The mild and stable weather at the start of…

That Was The Week That Was … In Australia
The ASX

That Was The Week That Was … In Australia

5 mins. to read

By Our Man in Oz Minews. Good morning Australia, your market seems to have run out of steam after a strong start to the year. Oz. That was the case with the mining sector last week, particularly gold stocks, though the overall trend as measured by the all ordinaries index remained positive. Minews. Gold continues…

Poweralternatives: Alkane Energy’s trading update said a weak final quarter 2014 is likely to impact on PBT for last year when results are announced in March.
An Alkane Energy gas-to-power plant

Poweralternatives: Alkane Energy’s trading update said a weak final quarter 2014 is likely to impact on PBT for last year when results are announced in March.

2 mins. to read

By Stewart Dalby In line with its established practice, Alkane Energy the UK gas-to-power producer has released a trading statement ahead of its final results for 2014 which are due to be announced on March 11. The company has reported a weak final quarter to 2014. The mild and stable weather at the start of…

Noricum Gold Keeps Its Eye On The Target At Schonberg

Noricum Gold Keeps Its Eye On The Target At Schonberg

1 mins. to read

Noricum’s exploration work on its Austrian ground continues apace. The company has just announced the completion of three further drill holes on its Schonberg gold and precious metals project in the central southern part of the country. Results are due in a few weeks’ time, but ahead of those Noricum has said that all three…