By James Faulkner and Richard Gill “We’re going to be led by what we see the customer wants,” said Sky CEO Jeremy Darroch in 2014. So far, his appraisal of the situation has been that the UK consumer is not clamouring for quad-play. However, clearly Sky only has one piece of the puzzle missing –…
In the third of a new series for SBM 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. A man with no special pipeline of information will study the economic facts of a situation and…
By Amy McLellan You wouldn’t know it from the ailing share price but things are moving along pretty well for onshore E&P specialist Egdon Resources. Admittedly there are strong headwinds for the AIM-quoted stock – the low oil price environment, slippage in production and political uncertainty around its shale gas portfolio – but the company…
Bank of England minutes have shown that the decision to keep interest rates at 0.5% this month was unanimous, but the notes contained a comment that a pair of “hawks” were on the edge of voting for a rise which some in the City are reading as a suggestion that a tighter monetary policy may…
By Martin Clark Mexico may not generate the same level of excitement as Brazil’s booming offshore sector, but there’s still plenty of oil and gas in the ground there too. In fact, it’s actually the ninth largest oil producer in the world, or eleventh in terms of net exports. And sitting right next door to…
In the second of a new series for SBM 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. Diversify – by company, by industry. In stocks and bonds, there is safety in numbers. No matter…
By Amy McLellan Two months on from the launch of a strategic review and Kea Petroleum has yet to find a buyer. The AIM micro-cap, which is focused on New Zealand, has now released more details of its recently identified Shannon prospect, which lies beneath its shut-in Puka oilfield. This is a drill-ready prospect with…
By Martin Clark These are rough times for a lot of independents, the world over. Canada’s Eco (Atlantic) Oil & Gas, is a leading player in Namibia’s nascent upstream sector, is at least facing up to the many challenges, putting in place new financing to help it navigate this troubled period. Oil prices have plunged…
Unnamed EU Officials have informed the press that it will be incredibly to difficult to reach a deal regarding Greece by the 30th April deadline, with some outlets flagging the 30th of June as the new critical date. Local authorities throughout the country are protesting against a recent decree that requires all funds held in…
By Amy McLellan Roxi Petroleum has secured more investment, with a subsidiary of Chinese industrial group Bright Oceans Corp subscribing to more than 75 million shares priced at 18 pence per share, a premium of 16 per cent. This US$20 million subscription, which will give the Chinese company BOCO more than 7.8 per cent of…
