After a number of slow years as it battled the realities of building a gas-based infrastructure from scratch in Cameroon, momentum is really building at Victoria Oil & Gas, with the shares having surged more than 100 per cent since early December. The AIM-quoted company has been steadily building supplies from its Logbaba gas-condensate field…
The Eurozone exited deflation in April after four months of negative price movement, with Eurostat saying that despite continuing cuts in energy costs, inflation rose to 0% for the month. March unemployment data for the Euro area were also published and showed that seasonally adjusted jobless rates were steady at 11.3%. Jonathan Loynes, Chief European…
2015 is a big year for AIM-quoted InfraStrata, which is gearing up to drill two key wells in the next six months, including its maiden exploration well. First up, however, will be a well to recover salt cores on its Islandmagee gas storage project in County Antrim (InfraStrata has a 65 per cent stake). This…
by Frederik Vanhaverbeke In the latest of a series for Master Investor Magazine, Frederik Vanhaverbeke, author of Excess Returns: A comparative study of the methods of the world’s greatest investors, looks at how some of the world’s greatest investors are so successful. Volatility does not measure risk. … Risk comes from the nature of certain…
The Nationwide has said that UK house prices resumed upward movement following 7 months of stagnation as the cost of an average home grew by 1% in March. Prices are now 5.2% higher than they were a year ago. The building society said that prices had risen despite a slowdown in market activity, which Howard…
By Alastair Ford Times change, and so do entrepreneurs. Matt Wood and Brian McMaster have made a pretty penny for themselves and their investors over the years through the creation and onward sale of such stellar companies as Highfield Resources, Hunnu Coal and Avanco. “Anybody who put money in when we did and…
by Frederik Vanhaverbeke In the latest of a series for Master Investor Mag, Frederik Vanhaverbeke, author of Excess Returns: A comparative study of the methods of the world’s greatest investors, looks at how some of the world’s greatest investors are so successful. The speculative public is incorrigible. It will buy anything, at any price, if…
After a couple of difficult years, 2014 was an important transition year for Green Dragon Gas. The London-listed group used the year to finalise the legal, operational and financial foundations for its coal bed methane business in China, including key partnerships with powerful state-owned partners, which means 2015 will be all about building production and…
The Office for National Statistics said that UK GDP Growth slowed to 0.3% for the first 3 months of 2015, from 0.6% in the final quarter of 2015, with a 1.6% contraction in construction output putting the brakes on the wider economy. Overall output was 2.4% higher than a year ago. Capital Economics’ Chief UK…
After a turbulent few months battling dissident shareholders and managing boardroom fall-out, this week saw Petroceltic International return its focus to operational matters. The AIM-quoted E&P, which discovered, appraised and readied for development the giant Ain Tsila gas-condensate field in Algeria, has announced that another key contract award has been made to keep this flagship…
