Union Jack Oil* (UJO LN) – UJO raises £5m for high impact work programmes | Cairn Energy (CNE LN): Cairn completes its Norwegian exit | Amerisur Resources (AMER LN): Amerisur further bolsters its Colombian portfolio | Egdon Resources (EDR LN): Egdon secures licence extensions across P1929 and P2304
Companies: UJO CNE AMER EDR
88 Energy (88E LN) (not covered): Charlie-1 appraisal well update in Alaska | Amerisur Resources (AMER LN) (not covered): Block award in Colombia | i3 Energy (I3E LN)1 ; Speculative Buy, £0.90: Drilling setback but still large resources | Cairn Energy (CNE LN); BUY, £2.80: Disposal of Norway frees up cash | Union Jack Oil (UJO LN) (not covered): £5 mm placing | Vaalco Energy (EGY LN/US)1 ; BUY, £2.40: Progress in EG
Companies: 88E AMER I3E CNE UJO EGY
Amerisur Resources (AMER): Formal Sale Process to conclude in Q4 2019 | Nostrum Oil & Gas (NOG): Difficulties in Kazakhstan continue | Columbus Energy Resources (CERP) – Update on Saffron well - Rig ready to commence drilling operations
Companies: AMER NOG CERP
Amerisur Resources (AMER LN) (not covered): Reserves update in Colombia | Petrofac sells remaining 51% of Mexican operations | Ascent Resources (AST LN) (not covered): Completion of placing | Hurricane Energy (HUR LN) (not covered): 1H19 results
Companies: AMER HUR AST
Amerisur Resources (AMER) – Positive Reserves Update | Baron Oil* (BOIL): Award of UK 31st Offshore Round Licences
Companies: Amerisur Resources (AMER:LON)Baron Oil Plc (BOIL:LON)
Amerisur (AMER LN) (not covered): 1H19 results | Igas Energy (IGAS LN) (not covered): 1H19 results | Hurricane Energy (HUR LN) (not covered): Well result in the UK | Providence Resources (PVR LN) (not covered): Placing | Energean Oil & Gas (ENOG LN) (not covered): 1H19 results | Tethys Oil (TETY SS)1,6; BUY, SEK85: August production in Oman
Companies: AMER IGAS HUR PRP ENOG TETY
Amerisur Resources (AMER): Strategic Review Update | Providence Resources (PVR)/Lansdowne Oil & Gas* (LOGP): Barryroe Site Survey
Companies: Amerisur Resources (AMER:LON)Providence Resources Plc (PZQA:DUB)
Amerisur Resources (AMER): Operational Update | Lansdowne Oil & Gas* (LOGP)/Providence Resources (PVR): Funding Update | Ascent Resources (AST): Management Changes & Corporate Review | Egdon Resources (EDR)/Union Jack Oil (UJO): Wressle Planning Update | Victoria Oil & Gas (VOG): Term Sheet | Echo Energy (ECHO): Operational Update | Reabold Resources (RBD): Operational Update
Companies: AMER LOGP EDR VOG ECHO RBD AST
Amerisur (AMER LN) (not covered): Possible offer from Maurel & Prom (MAU FP) (not covered) | Hardy Oil & Gas (HDY LN) (not covered): Sales price for Indian asset increased | Jupiter Energy (JPR AU) (not covered): Fine in Kazakhstan | Rockhopper Exploration (RKH LN) (not covered) & United Oil & Gas (UOG LN) (not covered): Sale of Abu Sennan in Egypt
Companies: AMER HDY JPR RKH
Amerisur (AMER LN) (not covered): Strategic review process
Companies: Amerisur Resources
Amerisur Resources (AMER): Offer from Maurel & Prom | Jersey Oil & Gas (JOG): Licence Awards & Possible Equinor Option | Lansdowne Oil & Gas* (LOGP)/Providence Resources (PVR): Funding Update
Companies: AMER JOG LOGP
Union Jack Oil & Gas* (UJO)/Reabold Resources (RBD): Successful Appraisal Well | Petro Matad (MATD): Final Results | Lansdowne Oil & Gas* (LOGP)/Providence Resources (PVR): Operational Update | Amerisur Resources (AMER): Disposal to Occidental & Well Result
Companies: UJO MATD LOGP PRP AMER
Amerisur Resources (AMER LN) (not covered): Update in Colombia | Petro Matad (MATD LN) (not covered): FY18 results | Equinor (EQNR NO) (not covered): Discoveries in Norway | Union Jack Oil (UJO LN) (not covered): Drilling update in the UK
Companies: AMER MATD UJO
Alumasc Group plc, the prem ium building products, system s and solutions group, has announced its intention to m ove from the Premium Segment of the main market to AIM. Expected market cap of £33.4m. Expected 25 June 2019
Argentex a UK-based forex service provider founded in 2011 by its current management team which operates as a Riskless Principal for nonspeculative and forward foreign exchange as structured financial derivatives is looking to join AIM. Offer TBC, expected 25 June
Companies: EQLS FOX RBD UJO TSG IGP ASO ANG EMH AMER
Research Tree provides access to ongoing research coverage, media content and regulatory news on Amerisur Resources.
We currently have 179 research reports from 5
Friday's market sell off saw some violent downward moves in many stocks with little initial differentiation between sectors or the key drivers of businesses, creating significant share price drops in a number of higher quality or uncorrelated names. We take a look at some stocks we believe have either seen an unwarranted sell-off, have seen weakness go under the radar or where there is now a more attractive opportunity.
Companies: ANX IBPO CYAN SOM EQT AFM
Phoenix copper today announces an update on its deep drilling program below the proposed Empire oxide open pit resource and into the deeper sulphide zone. Phoenix is roughly 1/4 the way through a 4,500m drilling programme and has once again shown that high-grade zones of copper, zinc and lead sulphide mineralisation exist, nearly always associated with gold and/or silver and often with elevated concentrations of tungsten and molybdenum.
Companies: Phoenix Copper Ltd. (United Kingdom)
Companies: IOG PLC
GBA project update, board & management changes
Companies: Jersey Oil & Gas PLC
Jersey Oil & Gas has announced that it has recomposed its leadership team with immediate effect. Les Thomas, formerly Non-Executive Director, has assumed the role of Non-Executive Chairman. Graham Forbes has been appointed CFO. Richard Smith has been appointed Chief Commercial Officer. Les Thomas and Graham Forbes previously served, respectively, as the CEO (2013-2020) and CFO (2010-2020) for Ithaca Energy. Richard Smith spent ten years in various senior roles also at Ithaca Energy. We believe t
• Current production of 11,775 bbl/d (down from ~14,200 bbl/d in early October) reflects the natural decline and potential completion flow restriction at Well-8H which had IP rate of ~7.7 mbbl/d 2 months ago).
• First oil for Well-9H has been delayed by three weeks to the first week of December due to operational issues and the need to drill a sidetrack. As a result, the 4Q21 production guidance has been reduced from 16.0 16.5 mbbl/d to 12.5-13.5 mbbl/d and the expected average production in Dec
Companies: PetroTal Corp.
Initiating Coverage: Price Target 20p
Potential Beyond Tin
AfriTin Mining Limited (ATM) is one of only three listed tin producers in Western markets. It has a large (820km2) land package in Namibia comprising 5 prospective licenses of which the Uis mine is the most advanced and already in production. Near term growth is being delivered with an 80% increase in tin production between 2022 and 2024. However, this is only scratching the surface and there are more than conceptual plans being fo
Companies: AfriTin Mining Ltd.
SolGold (“SOLG”) has published the first partial assay results from its drilling programme at the Varela target on the Rio Amarillo concession, 35km from the flagship Cascabel project. Hole 1 has been assayed to a depth of 1,052m, revealing an intercept of 72m @ 2.16 g/t Au from 639.7m, including 24m @ 5.77 g/t Au. More interestingly assay results are pending from 1,052m to 1,708.1m (EOH) where free gold and porphyry mineralisation have been identified. Intersections of porphyry style mineralisa
Companies: SolGold Plc
Harland & Wolff (H&W) has raised £8.2m gross through a placing and PrimaryBid at 20p to secure its next stage of growth. Over the past two years, H&W has acquired a series of strategically important assets across the UK, and is proceeding to convert its pipeline opportunities into contracts. The positive recent announcement that DAERA would award the full marine licence for Islandmagee represents a significant milestone in allowing H&W to monetise this asset, with management estimating that sale
Companies: Harland & Wolff Group Holdings PLC
No joiners today
No leavers today
What’s cooking in the IPO kitchen?
Trinistar Liverpool S.a r.L announces its potential listing of a newly formed single asset company which will own the Capital Building in Liverpool on the IPSX. Upon admission the Company would become a real estate investment trust (REIT). The Capital Building occupies close to a 3.5 acre freehold site in the centre of Liverpool’s business district; the building comprises c425,000 square feet of predominantly of
Companies: ADBE ADBE SYM ARC AVCT CMCL CLIN DCTA FRAN OSI
West Newton planning update
Companies: Union Jack Oil Plc
Shanta Gold (AIM: SHG), the East Africa-focused gold producer has today announced a drilling update on its West Kenya Project (WKP) based on its Phase 2 drilling program which aims to infill 17 modelled zones across both Isulu and Bushiangala deposits up to 450-500m below surface. The Company has also reported drilling results from a regional exploration target, Ramula, where assays have been received from the first of 12 holes drilled, as part of the resource drill-out programme, totalling 451m
Companies: Shanta Gold Limited
Shanta Gold (AIM: SHG), the East Africa-focused gold producer, has today announced an update on its exploration drilling at its New Luika Gold Mine (NLGM) based on activity carried out in Q3 2021. More specifically, the drill results are from the Luika Deposit, Bauhinia Creek (BC) Main, BC East Area 1 and Porcupine South. Importantly, all of today's drill intersections are outside existing mineral reserves and will be incorporated into the next update of the mine plan as the Company continues it
Savannah Energy’s shares have been suspended since 2 June when it announced the reverse takeover of ExxonMobil’s Chad and Cameroon oil business. Investors have been frustrated by this long suspension but, nevertheless, Savannah has delivered a positive financial and operating update that demonstrates its core Nigerian gas business is performing strongly, with 2P reserves upgraded by 27% and FY21 guidance reiterated. The maximum six-month suspension of the shares comes to an end soon and we shoul
Companies: Savannah Energy Plc
European gas prices are never far away from the headlines at the moment, although Parkmead’s results to end-June did not capture this surge in prices – that is yet to come. Parkmead is well placed to benefit from the current strength in European gas prices, while the potential for another commodity super-cycle suggests there is further progress to come on its major GPA oil project. A strong net cash position also puts it in the driving seat for potential acquisitions.
Companies: Parkmead Group PLC