Sterling Energy hit by Kurdistan disappointment - Interactive Investor
Wed, 06 Jul 2011 08:56Investors unsure of the future prospects of the area pulled the share price down almost 8% to 35p, near its 52-week low. Sterling, which has interests in the Middle East and Africa, said two flow tests had been conducted. The first was across a 100 ...
Oil and gas news summary: Tullow Oil, BP, Dragon Oil, Petro Matad, Desire ... - Proactive Investors UK
Sat, 16 Jul 2011 10:39It follows a 40 per cent fall in the share price since June 15 which has wiped US$600 million off the company's market value. South East Asia-focused Salamander Energy (LON:SMDR) is to plug and abandon its Dao Ruang-3 appraisal well, located onshore ...
Broker Roundup: Lloyds Bank, Rio Tinto, Aquarius Platinum, Lonmin, Ferrexpo ... - Proactive Investors UK
Wed, 06 Jul 2011 15:23Shahin Amini, analyst at Fox-Davies, said that Sterling Energy's (LON:SEY) decision to abandon the Sangaw North well was a very disappointing but expected outcome. The analyst rates Sterling as a 'hold'. Ambrian Capital analyst Werner Riding commented ...
European stocks lifted by Bernanke stimulus talk - AFP
Wed, 13 Jul 2011 17:15Upbeat Chinese growth data sent share prices rising from the outset, erasing anticipation that a ratings downgrade of Irish 10-year bonds to junk status would hasten more falls. Divided European leaders were not a contributing factor to market respite, ...
UK Summary:FTSE Sinks On EU Debt Fears;Softer CPI Offers Cheer - Wall Street Journal
Tue, 12 Jul 2011 09:32Say share price levels of 2005 at around 100p is looking "increasingly likely" in the coming weeks in the run up to the interim management statement on August 11. Has a sell rating, 100p target. Shares 28% lower at 88p. 0743 GMT [Dow Jones] Credit ...