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OEX.L (OEX) Share News

UK MIDDAY BRIEFING: Drug Stocks Soar, Led By Glaxo And AstraZeneca

22nd Apr 2014 12:09

LONDON (Alliance News) - Pharmaceutical stocks are reigning over the first session following the long Easter bank holiday, with mergers and acquisitions leading investor interest.<br /><br /><strong>GlaxoSmithKline</strong> has signed a three-part inter-conditional transaction with Swiss healt Read More

UK WINNERS & LOSERS: Pharmaceutical Companies Jump On M&A News

22nd Apr 2014 10:58

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>AstraZeneca</strong>, up 7.1%. The pharmaceutical company has jumped after The Sunday Read More

Oilex Says 4.5 Inch Casing Set Completed At Cambay-77H Well

22nd Apr 2014 08:10

LONDON (Alliance News) - Oilex Ltd Tuesday said the 4.5 inch production casing has been set and cemented at its Cambay-77H well, part of the Cambay Production Sharing Contract in Cambay Basin, Gujarat, India. Cambay-77H is located adjacent to the Cambay-76H horizontal well that underwent a Read More

Oilex Intersects Primary Reservoir At Cambay-77H Ahead Of Fracking

14th Apr 2014 11:50

LONDON (Alliance News) - Oilex Ltd Monday said its Cambay-77H well reached total depth and has intersected strong gas readings in its primary reservoir, ahead of testing in preparation for its fracture stimulation programme. The oil and gas development and production company said the well d Read More

UK MIDDAY BRIEFING: Sports Direct Plunges As Ashley Sells Small Stake

8th Apr 2014 12:18

LONDON (Alliance News) - <strong>Sports Direct International</strong> founder and deputy Chairman Mike Ashley has sold a 4% stake in the firm, causing a sharp fall in its share price, just days after the sports goods retailer's shareholders again rejected a proposal to pay him a bonus.<br /><b Read More

UK WINNERS & LOSERS: Gold Miners Among The Biggest FTSE Risers

8th Apr 2014 11:22

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday. ------- FTSE 100 - WINNERS Fresnillo, up 1.1%, and Randgold Resources, up 0.8%. The mining companies are benefiting from a sharp rise in the price of g Read More

Oilex Completes Next Stage Of Drilling At Cambay-77H

8th Apr 2014 10:10

LONDON (Alliance News) - Oilex Ltd Tuesday said it has moved closer to production at its Cambay-77H well in India after successfully completing setting and cementing its next casing at roughly 1,653 measured depth. The oil and gas development and production company said the casing was set i Read More

Oilex Drilling Rig On Cambay-77H Now Repaired, Operational

4th Apr 2014 15:48

LONDON (Alliance News) - Oilex Ltd Friday said that its drilling rig on Cambay-77H has been repaired and is operational. The oil and gas development and production company said that the rig has stopped operations to check drill string components. Oilex said the rig will return to dril Read More

Oilex Completes Data Acquisition Survey At Canning Basin

3rd Apr 2014 11:26

LONDON (Alliance News) - Oilex Ltd Thursday said that CGG Aviation (Australia) Pty Ltd has completed a data acquisition for an aerial gravity/magnetic survey of the SPA 17 AO site in the Canning Basin in Australia. The oil and gas development and production company said the data acquisition Read More

Oilex Says Survey Has Started On New Area At Canning Basin

31st Mar 2014 13:48

LONDON (Alliance News) - Oilex Ltd Monday said that CGG Aviation (Australia) Pty Ltd has started data acquisition for the aerial gravity/magnetic survey covering the SPA 17 AO area at Canning Basin in Australia. In a statement, Oilex said the survey will consist of about 4,060 line-kilometr Read More

Oilex Slides As Cambay Well Drilling Rig Hit By Mechanical Trouble

24th Mar 2014 08:59

LONDON (Alliance News) - Oilex Ltd saw its shares fall Monday after it reported mechanical problems with the rig drilling the Cambay-77H well on its Cambay site in Gujarat State, India. In a statement, the company said it has ordered new parts after the Essar Land Rig #4 experienced mechani Read More

Oilex Awards Fracking Contract At Cambay-77H To Schlumberger

17th Mar 2014 12:40

LONDON (Alliance News) - Oilex Ltd Monday said the Cambay Joint Venture has awarded the fracture stimulation programme for Cambay-77H to Schlumberger Ltd. The oil and gas development and production company said it will be working with Schlumberger on the fracking programme for the Indian si Read More

Oilex Comples Setting And Cementing Of Casing At Cambay-77H

11th Mar 2014 13:21

LONDON (Alliance News) - Oilex Ltd Tuesday said it has completed setting and cementing of a thirteen and three eighths casing as planned at the Cambay-77H well in India ahead of further drilling. The oil and gas development and production company said the case was set at 590 metres depth, s Read More

Oilex Commences Drilling At Cambay-77H

7th Mar 2014 09:04

LONDON (Alliance News) - Oilex Ltd said Friday it has commenced horizontal production well drilling operations at Cambay-77H. The firm said the drilling programme commenced today, March 7, with the successful completion of a six hour commissioning period. Oilex said the rig is currently dri Read More

UK MORNING BRIEFING: Boohoo.com To Raise GBP300 Million In IPO

7th Mar 2014 08:14

LONDON (Alliance News) - Fashion retailer boohoo.com Friday said it will raise GBP300 million in its initial public offering and have an initial market capitalisation of GBP560 million when it floats next week.<br /><br />Dundee-based Alliance Trust has warned that the looming Scottish indepen Read More

Oilex Pretax Loss Widens, Announces Development Of Magna Deal In India

25th Feb 2014 11:55

LONDON (Alliance News) - Oilex Ltd Tuesday said its pretax loss widened slightly on administrative expenses in its full-year figures and announced further development of Magna Energy Ltd's ongoing acquisition of interest in the Cambay site. The oil and gas exploration and development compan Read More

Oilex Gets Approval For Environmental Management Plan

21st Feb 2014 09:49

LONDON (Alliance News) - Oilex Ltd Friday said the Environmental Management Plan for the acquisition of an airborne gravity/magnetics survey over its STP-SPA-0055 Site in the Australian Canning Basin has now been approved. The exploration-and-development oil company said the approval was gi Read More

Oilex Raises USD6.8 Million Through Share Placing

17th Feb 2014 10:43

LONDON (Alliance News) - Oilex Ltd Monday said it has raised USD6.8 million through the placement of 94.8 million shares at a price of USD0.072, funds it will use to fund the development of the Cambay oil field in India. The placement, which was priced at a 3% discount to the 30 day volume- Read More

UK MIDDAY BRIEFING: Rolls-Royce, Tate & Lyle Weigh On FTSE 100

13th Feb 2014 14:11

LONDON (Alliance News) - London's equity markets have focused on individual stocks Thursday after a plethora of earnings reports and trading updates, with <strong>Rolls-Royce Holdings</strong> and<strong> Tate &amp; Lyle</strong> among the biggest losers after they cut guidance, and <strong>Im Read More

UK WINNERS & LOSERS: Tate & Lyle And Rolls Royce Guidance Disappoints

13th Feb 2014 11:54

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Imperial Tobacco</strong> Group, up 3.4%. The company has maintained its expecta Read More

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