(Alliance News) - Beacon Energy PLC on Tuesday said it has delayed mobilising the drilling rig for the SCHB2 side track by around two weeks, after it had originally been scheduled for mid-April. Read More
(Alliance News) - The following is a round-up of executive changes by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Beacon Energy PLC - Isle of Man-registered oil and gas company - Says Schwarzbach-2(2.) well in the Erfelden field in Germany continues to clean-up, although production remains at a rate of approximately 40 barrels of oil per day. Says the "low" output rate indicates that the reservoir near the well bore has been invaded with drilling fluids which are restricting flow rates. Additionally, Beacon says it has now started sand jetting operations with a coiled tubing unit to stimulate the well. Sand jetting will focus on the oil-bearing reservoirs in the Pechelbronner-Schichten sandstones. Read More
(Alliance News) - Beacon Energy PLC said on Thursday that drilling fluid leaks had significantly impeded oil production at one of its German assets. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and Monday not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - Beacon Energy PLC on Friday said it completed an oversubscribed placing and PrimaryBid offer which raised an aggregate of GBP4.3 million. Read More
(Alliance News) - Beacon Energy PLC on Monday said it could achieve high rates of production from its Schwarzbach-2(2.) well thanks to recently-discovered oil-bearing reservoirs, despite repeated programme delays. Read More
(Alliance News) - Continued worries about the health of the Chinese economy, interest rate fears in the US and less-than-stellar UK retail sales weighed on the FTSE 100 on Friday, which is now in its longest losing streak since late June. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More
(Alliance News) - Beacon Energy PLC on Friday announced its subsidiary found "good quality" oil-bearing reservoirs in the Meletta-Schichten sandstone and the Pechelbronner-Schichten sandstones on the Schwarzbach-2(2.) well in Germany. Read More
Beacon Energy PLC - Germany-focused upstream oil & gas company – Notes sharp share price on Wednesday and reports that is undertaking operations on the Schwarzbach-2(2.) well. Beacon is targeting hydrocarbons in undeveloped Stockstadt Mitte segment of Erfelden field. Beacon adds: "The company is currently undertaking electric wireline logging in the well. Until the electric wireline logging programme has been completed and the results analysed, the implications for the future cash generative potential of the Erfelden field and the company's aspiration to build a self-funding platform for growth will not be known." Read More
(Alliance News) - Beacon Energy PLC on Monday said drilling is underway in the deviated mechanical sidetrack on the Schwarzbach-2 drilling operations in south-west Germany. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More