A pristine classic car can be an indicator of a successful investor; but can the right set of wheels become a golden investment in itself? Cars depreciate. That’s pretty much guaranteed as far as the vast majority of cars are concerned. Each passing year, or owner added to the log book, takes it a step…
– The FTSE 100 fell 14.56 points to 6,790.04. – The FTSE 250 slipped 52.86 points to 17,878.43. – The FTSE All Share dropped 8.41 points to 3,702.69. – The FTSE AIM All Share finished 1.62 points lower at 774.12. Although the UK economy is expected to generate “solid economic growth” over the current fiscal…
Having reinvented itself as an Alaska-focused explorer, Perth-based 88 Energy has been encouraged in its new venture by the results of a Repsol/Armstrong joint venture on nearby acreage. The Repsol/Armstrong JV was testing conventional play fairways that may extend into the ASX-listed company’s Project Icewine, a near 90,000 acre tract on the North Slope in…
– The FTSE 100 fell 48.72 points to 6,810.72 points. – The FTSE 250 slipped 157.40 points to 17,933.02. – The FTSE All Share dropped 26.91 points to 3,713.48 points. – The FTSE AIM All Share finished the day down by 1.32 points at 776.01 points. The Greek Government is facing difficulties from within after…
– The FTSE 100 fell by 91.22 points to 6,859.24 points – The FTSE 250 tumbled 173.04 points to 18,090.42 – The FTSE All Share decreased by 44.02 points to 3,742.82 points – The FTSE AIM All Share finished the day down by 0.11 points at 778.02 points. Quelle surprise! The Bank of England’s Monetary…
While Circle Oil continues to make headway on the ground, with strong production from its fields in Egypt and Morocco, it is clear that lower oil prices have taken their toll on the AIM-quoted E&P. Last year production averaged just over 4,897 barrels of oil equivalent per day (boepd) and 4.24 million cubic feet of…
– The FTSE 100 rose by 22.19 points to 6,950.46 points. – The FTSE 250 grew by 43.15 points to 18,263.46. – The FTSE All Share increased by 11.32 points to 3,786.84 points. – The FTSE AIM All Share finished the day up by 2.73 points at 778.13 points. The OECD has cut its United States…
Exciting times for backers of ASX-quoted Pura Vida Energy, with news that the Atwood Achiever drillship has spud the MZ-1 wildcat offshore Morocco. The well is being drilled in more than 2,000 metres of water to a depth of 5,600 metres with the potential to deepen to 6,150 metres in order to test up to…
Inflation has returned to the Eurozone, with official figures showing that the price level rose by 0.3% in the year to April. This acceleration was driven by services, food and drinks, whilst energy costs slowed their descent. Howard Archer, Chief European Economist at IHS Global Insight said that “renewed dips into deflation for the Eurozone…
Shares in AIM-quoted Lansdowne Oil & Gas tumbled 20 per cent on last week after investors were spooked by a comment in the results statement from Providence Resources, the operator of Lansdowne’s flagship asset. The recent results statement from fellow AIM company Providence, operator of the Barryroe oilfield in the Celtic Sea in which Lansdowne…
