Eland Oil heading for Aim top 50
North-east oil explorer Eland Oil and Gas will join a list of the top companies on the Alternative Investment Market (Aim) later this month.
oil explorer
Cairn boss beats peers on FTSE 250
A son of the north-east has beaten his peers among the FTSE 250 index to win a company secretary of the year award.
Oil explorer reports losses
North-east oil explorer Eland Oil and Gas reported losses in its first set of interim accounts as a listed company.
Bentley oil fetches better-than-expected price
Aberdeen-based oil explorer Xcite Energy said today it had sold the first cargo from its northern North Sea Bentley field at a higher-than-expected price.
Xcite renegotiates Bentley drilling contract
Aberdeen-based oil explorer Xcite Energy said today it had made changes to a drilling contract with British American Offshore for work at the Bentley field.
Xcite tops up its funds
Aberdeen-based oil explorer Xcite Energy today said it was to use £2.5million from an investment facility to help it towards first oil on the Bentley field.
UK explorer agrees £3.46bn merger
UK-BASED oil explorer Heritage Oil said yesterday it had agreed to merge with Genel Energy International, part of Turkey's Cukurova Group, to create an oil producer focused on Kurdistan in northern Iraq.
North-east oil explorer boosted by field report
XCITE Energy, the Banchory-based oil explorer focused on the development of heavy-oil resources in the UK North Sea, said yesterday that likely reserves in its 100%-owned Bentley field east of Shetland had been upgraded significantly.