News Results for Independent Oil & Gas (IOG)

  • Oct 15, 2019
  • Stock Market Wire

Peel Hunt today reaffirms its buy investment rating on Independent Oil & Gas PLC (LON:IOG) and cut its price target to 38p (from 50p). Story provided by StockMarketWire.com Broker Forecasts...

Independent Oil and Gas said it had made a final investment decision on its core project in the UK North Sea. The company said it had also completed the sell down of a stake in the asset to...

Independent Oil and Gas said an appraisal well had confirmed the presence of natural gas at its Harvey prospect in the North Sea. The Harvey appraisal well 48/24b-6 was drilled to a total depth of...

Independent Oil and Gas said it had issued a EUR100m 5-year senior secured bond to fund its gas development project in the UK Southern North Sea, and meet financing costs. The bond was issued...

finnCap today reaffirms its corporate investment rating on Independent Oil & Gas PLC (LON:IOG) and raised its price target to 60p (from 56p). Story provided by StockMarketWire.com Broker...

Independent Oil and Gas said drilling had commenced on an appraisal well located in the southern North Sea. The Maersk Resilient rig spudded the Harvey appraisal well on Tuesday evening....

Peel Hunt today reaffirms its buy investment rating on Independent Oil & Gas PLC (LON:IOG) and raised its price target to 40p (from 35p). Story provided by StockMarketWire.com Broker...

Andrew Hockey, Chief Executive Officer, exercised 488,767 shares in the company on the 29th July 2019 at a price of 1.00p. The Director now holds 588,767 shares. Story provided by...

Mark Hughes, Executive Director, exercised 162,193 shares in the company on the 30th July 2019 at a price of 1.00p. The Director now holds 440,193 shares. Story provided by StockMarketWire.com...

Independent Oil and Gas said it had struck an agreement with CalEnergy Resource to farm out 50% of the company's Southern North Sea assets for an initial payment of £40m in cash. Under the terms...

Independent Oil and Gas said it had agreed to acquire a reception facility at the Bacton gas terminal north of Norfolk, for a nominal sum. The company had signed a sale and purchase agreement for...

UK oil and gas play Independent Oil and Gas has appointed industry veteran Neil Hawkings as an independent non-executive director of the company, following an external search process. At 9:44am:...

Independent Oil and Gas said it had signed a letter of intent with Maersk Drilling to hire a rig for the Harvey appraisal well offshore UK. The well is planned to follow on directly from the...

Mark Hughes, Executive Director, bought 28,105 shares in the company on the 24th April 2019 at a price of 10.00p. The Director now holds 306,105 shares. NOTE: Purchase of shares in Open Offer...

James Chance, Executive Director, bought 100,000 shares in the company on the 24th April 2019 at a price of 10.00p. The Director now holds 100,000 shares. NOTE: Subscription transaction Story...

Esa Ikaheimonen, Non Executive Director, bought 500,000 shares in the company on the 24th April 2019 at a price of 10.00p. The Director now holds 500,000 shares. NOTE: Subscription transaction...

Fiona MacAulay, Chairman, bought 200,000 shares in the company on the 24th April 2019 at a price of 10.00p. The Director now holds 200,000 shares. NOTE: Subscription transaction Story provided by...

Andrew Hockey, Chief Executive Officer, bought 100,000 shares in the company on the 24th April 2019 at a price of 10.00p. The Director now holds 100,000 shares. NOTE: Subscription transaction...

Mark Hughes, Executive Director, bought 100,000 shares in the company on the 24th April 2019 at a price of 10.00p. The Director now holds 278,000 shares. NOTE: Subscription transaction Story...

Independent Oil & Gas said it had raised £16.6m from a share to allow it to drill an appraisal well at its Harvey prospect in the UK, expected to spud in mid-2019. New shares in the company...

Peel Hunt today reaffirms its buy investment rating on Independent Oil & Gas PLC (LON:IOG) and cut its price target to 50p (from 60p). Story provided by StockMarketWire.com Broker Forecasts...

Independent Oil and Gas said a new analysis estimated its Goddard licence in the UK had a mid-case 'contingent' gas resource of 108bn cubic feet. The analysis by Equipoise also estimated a...

Independent Oil & Gas said an analysis of a key pipeline system had produced positive results so far, putting it in a position to make a final investment decision on its Southern North Sea gas...

Peel Hunt today initiates coverage of Independent Oil & Gas PLC (LON:IOG) with a buy investment rating and price target of 60p. Story provided by StockMarketWire.com Broker Forecasts data...

Mark Hughes, Executive Director, bought 178,000 shares in the company on the 5th June 2018 at a price of 22.33p. The Director now holds 178,000 shares. Story provided by StockMarketWire.com...

Independent Oil and Gas said its Thames pipeline was in extremely good condition but added that a faulty 'pig' to further assess the pipeline could delay the development of its southern North Sea...

Independent Oil and Gas said its North Sea subsidiary had been offered all three of the new licence areas, comprising four blocks in total, that it had applied for in a recent UK tender round. The...

finnCap today reaffirms its corporate investment rating on Independent Oil & Gas PLC (LON:IOG) and set its price target at 50p. Story provided by StockMarketWire.com Broker Forecasts data...

Independent Oil and Gas said it had completed the acquisition of the Thames pipeline from Perenco, Tullow Oil and Spirit Energy Resources. Recommissioning of the pipeline was an essential part of...

VSA Capital today reaffirms its buy investment rating on Independent Oil & Gas PLC (LON:IOG) and set its price target at 72p. Story provided by StockMarketWire.com Broker Forecasts data...

finnCap today reaffirms its corporate investment rating on Independent Oil & Gas PLC (LON:IOG) and set its price target at 43p. Story provided by StockMarketWire.com Broker Forecasts data...

Independent Oil and Gas said it had signed a £10m convertible loan facility with existing lender London Oil and Gas. The facility was convertible into ordinary shares in the company at a...

Independent Oil and Gas said discussions with the creditors for the remaining liabilities relating to the 2016 Skipper well had concluded. A total of £6.78m was due to be settled by 20 Dec and...

Independent Oil and Gas's licence P1736 that contains the Blythe gas discovery has been extended by 12 months to the end of December 2018. IOG said the Blythe gas field contained 33bn cu ft of...

Independent Oil and Gas has been granted a two year extension by the Oil & Gas Authority to the initial term for licence P2085 that includes Harvey. The licence will be extended to 20 Dec...

Independent Oil and Gas is delighted with a recent competent person's report for the Harvey licence. It said the report by ERC Equipoise Limited estimated dry hole costs of the planned Harvey...

Independent Oil and Gas has made a firm commitment to the Oil and Gas Authority to drill an appraisal well on the Harvey licence within two years. IOG said a competent person's report by ERC...

Independent Oil and Gas has submitted the field development plan for the Vulcan Satellites hub development to the UK Oil and Gas Authority. The FDP covers the three 100%-owned and operated...

Independent Oil and Gas has signed a letter of intent with Offshore Design Engineering Limited to perform several key contractor roles for the Blythe hub and Vulcan satellites hub development,...

Independent Oil and Gas said a competent person's report had confirmed a significant reserves update on the Vulcan satellites, Blythe and Elgood assets. The report by ERC Equipoise confirmed 2P...

Independent Oil and Gas has signed a letter of intent with Heerema Fabrication Group for front end engineering and design (FEED) and engineering, procurement, construction and installation (EPCI)...

Independent Oil and Gas has reported a post-tax loss of £1.41m for the six months to the end of June compared with £1.06m last time and £21.44m for full year 2016. It said the loss included...

Independent Oil and Gas has signed a letter of intent and consultancy master services agreement with Schlumberger for the development of two southern North Sea gas hubs - the Blythe hub and the...

Independent Oil and Gas has submitted the field development plan to the UK Oil and Gas Authority for the Blythe Hub, which comprises the Blythe and Elgood fields. IOG said this follows on from...

Independent Oil and Gas has been awarded a new licence by the UK Oil and Gas Authority in the 2016 supplementary offshore oil and Gas licensing round, comprising Block 48/25a. IOG said the...

Independent Oil & Gas has confirmed that all resolutions were passed by shareholders at today's Annual General Meeting. At 2:19pm: (LON:IOG) Independent Oil Gas PLC share price was +0.13p...

Independent Oil and Gas has welcomed the Oil and Gas Authority's publication of the Southern North Sea tight gas strategy. IOG said it believed its SNS gas strategy was very well aligned with...

finnCap today reaffirms its corporate investment rating on Independent Oil & Gas PLC (LON:IOG) and raised its price target to 123p (from 110p). Story provided by StockMarketWire.com

Independent Oil and Gas plunged into the red in the year to the end of December. The group posted a loss of £21.4m compared with a profit of £5.3m in 2015. IOG said the annual impairment test...

Independent Oil and Gas has signed a sale and purchase agreement regarding the acquisition of the recently decommissioned Thames Gas Pipeline in the Southern North Sea for a nominal consideration...

Independent Oil and Gas said it was now close to signing the sale and purchase agreement for the UK Southern North Sea pipeline which was expected to be used to deliver IOG's gas to shore. IOG...

Independent Oil and Gas has issued updates on its Harvey and Elgood licences. IOG said the Oil and Gas Authority had confirmed the continuation of licence P2085, which contained the Harvey...

Independent Oil and Gas has signed a memorandum of understanding regarding the 100% acquisition of a currently disused pipeline in the Southern North Sea for a nominal consideration. The pipeline...

Independent Oil and Gas reports a significant increase in its internal resource estimates for Elgood and Harvey based on work undertaken by a third party contractor. The company has also secured...

Independent Oil and Gas's licence for Blocks 48/22b and 48/23a in the southern North Sea containing the Blythe gas discovery has been formally extended until 31 December 2017 following talks with...

finnCap today reaffirms its corporate investment rating on Independent Oil & Gas PLC (LON:IOG) and raised its price target to 110p (from 58p). Story provided by StockMarketWire.com

Independent Oil and Gas has completed the acquisition of Oyster Petroleum Limited, a subsidiary of Verus Petroleum Holding Limited. Oyster holds the Southern North Sea licences containing the...

London stocks flew south in early deals with banking and financial stocks being heavily sold as trader jitters took a grim view of those sectors in light of the Deutsche Bank saga. Shares on Wall...

Independent Oil and Gas reports a post-tax loss of £1.06 million for the first six months of this year compared with a loss of £0.20 million last time and a profit of £5.32 million for full year...

Independent Oil and Gas has completed its first operated appraisal well on the Skipper oil discovery which lies in Block 9/21a in licence P1609 in the northern North Sea which will now be plugged...

finnCap today reaffirms its corporate investment rating on Independent Oil & Gas PLC (LON:IOG) and raised its price target to 68p (from 57p). Story provided by StockMarketWire.com

Prospex Oil & Gas (PXOG) told shareholders at its annual meeting that had it made 'excellent progress' and wanted to invest in high impact onshore and shallow offshore European opportunities...

Independent Oil and Gas has completed the acquisition of the other 50% of the licence covering Blocks 48/22b and 48/23a in the Southern North Sea, containing the Blythe gas discovery. IOG now owns...

Independent Oil and Gas has signed a sale and purchase agreement with Verus Petroleum Ltd to conditionally acquire 100% of the shares of Oyster Petroleum Limited, a subsidiary of Verus. The...

Independent Oil and Gas says the appraisal well on the Skipper oil discovery which lies in Block 9/21a in licence P1609 in the Northern North Sea, is scheduled to be drilled in July. Drilling of...

Independent Oil and Gas swung into the black in the year to the end of December with a profit of GBP5.32m against a loss of GBP12.14m in 2014. he principal components were a partial reversal of...

Independent Oil and Gas subsidiary, IOG North Sea Limited, has agreed to acquire from Alpha Petroleum Resources Limited the 50% of blocks 48/22b and 48/23a in the southern North Sea not already...

Independent Oil and Gas has confirmed it is in 'advanced negotiations' with Alpha Petroleum Resources for the acquisition of the remaining 50% of the licence covering Blocks 48/22b and 48/23a in...

Independent Oil and Gas said all resolutions were duly passed at its AGM today. At 10:57am: (LON:IOG) Independent Oil Gas PLC share price was 0p at 7p Story provided by StockMarketWire.com

Independent Oil and Gas said, further to a January announcement, it has today entered into a conditional agreement with London Oil and Gas Ltd for the provision of a secured convertible loan...

Independent Oil and Gas's Skipper licence has been extended until Dec. 31 following talks with the UK Oil & Gas Authority. IOG intends to drill the appraisal well as soon as economic conditions...

UK equities finished higher, albeit with blue chips surrendering much of their early strength as several leisure-linked outfits gathered atop the losers' ladder. Sainsbury (SBRY), Stanley Gibbons...

London blue chips sortied higher to midday, extending yesterday's rally from a three-year nadir, with resources, retail, pharmas and financials divining direction. Sainsbury (SBRY) and Stanley...

UK equities continued yesterday's rally away from three-year lows as a plethora of resources, retail and financials pressed ahead in early deals. Sainsbury (SBRY) was in the spotlight after a Q3...

Independent Oil and Gas is rescheduling the Skipper well due to recent oil price movements and bad weather in the North Sea. IOG says the existing timetable for drilling Skipper in the first...

North Sea-focused Independent Oil and Gas's Cronx licence has been extended by one year to 9 January 2017 by the Oil and Gas Authority. IOG has also agreed to extend the Sale and Purchase...

Independent Oil and Gas has received formal confirmation from the Oil and Gas Authority that the Skipper licence P1609 has been extended by three months to 30 March. The confirmation was received...

Independent Oil and Gas, the North Sea focused oil and gas company, has confirmed the acquisition of 50% of licence P1609 which contains the Skipper discovery has now completed. IOG now owns 100%...

The UK Oil and Gas Authority has approved Independent Oil and Gas as exploration operator of the Skipper licence and the pending assignment of 50% of the licence, which is currently owned by Alpha...

Independent Oil and Gas has signed a rig contract with Transocean Drilling UK to procure the Transocean John Shaw semi-submersible rig to drill the company's fully funded appraisal well on the...