LONDON (Alliance News) - President Energy PLC Thursday said it now has a 59% participating interest in the Pirity concession in Paraguay after it completed a farm-in deal, and all three wells in the 2014 drilling programme are targeting prospects in the concession. In a statement, the compa Read More
LONDON (Alliance News) - President Energy PLC Wednesday said Chairman Peter Levine bought 250,000 shares at a price of 30 pence per share Tuesday. Following this transaction, Levine holds 76.7 million shares, which represents 19.38% stake in the firm. Shares in the oil and gas company Read More
LONDON (Alliance News) - President Energy PLC Wednesday reported a narrower operating loss for 2013 as revenue rose and it cut administrative expenses The company reported an operating loss of USD2.8 million for the year, narrowed from USD5.3 million in 2012, as revenue rose to USD13.4 mill Read More
LONDON (Alliance News) - President Energy PLC Monday said it has entered into a firm drilling contract with Queiroz Galvão Óleo e Gás, a major Brazilian service provider, for its 2014 drilling campaign in Paraguay. The oil and gas company said Queiroz' Top Drive Rig is capable of drilling d Read More
LONDON (Alliance News) - President Energy PLC Friday said Commercial Director Miles Biggins purchased 14,618 shares at 34 pence per share Thursday. Following this transaction, Biggins' holding amounts to 191,459 shares representing 0.05% of the issued share capital. Shares in the ener Read More
LONDON (Alliance News) - President Energy PLC Wednesday said Chairman Peter Levine purchased 390,112 shares at 30.85 pence per share Tuesday. Following this transaction, Levine holds 76.4 million shares, which represents 19.32% stake in the firm. The company also said Chief Executive Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />UBS CUTS HSBC PRICE TARGET TO 665 (715) PENCE - 'NEUTRAL' <br />----------<br />CANACCORD CUTS HSBC PRICE TARGET TO 750 (825) P Read More
LONDON (Alliance News) - President Energy PLC said Monday it has raised USD50.8 million through a placing and open offer of a total of just over 89 million shares. The oil and gas company said 1.4 million shares or 11.9% of the total open offer of shares have been subscribed for, each at 35 Read More
LONDON (Alliance News) - Shares have opened lower Monday amid a raft of UK corporate announcements. <strong>HSBC Holdings</strong> is the biggest faller in the FTSE 100, down 4.0%, as it reported just after the open lower-than-expected pretax profit in its recent full year. <br /><br />Here is Read More
LONDON (Alliance News) - President Energy PLC Thursday said it has raised USD50 million through the issuance of 87.6 million new shares at a price of 35 pence per share. The oil and gas company had said on Wednesday that it planned to raise a minimum of USD40 million through the share placi Read More
LONDON (Alliance News) - The FTSE 100 is up for a second day Thursday as the rebound from the heavy losses in equity markets in the previous five days continues, with positive reports from the likes of <strong>Vodafone</strong> and <strong>Smith & Nephew</strong> helping London's blue-chip Read More
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>Vodafone</strong>, up 2.9%. The telecommunications company has confirmed its ful Read More
LONDON (Alliance News) - President Energy PLC Wednesday said it is planning a fundraising by way of a placing in order to raise a minimum of USD40 million. The oil and gas company said it has the option to upsize the placing to USD50 million and has proposed an open offer to President's exi Read More
LONDON (Alliance News) - Bank of England Governor Mark Carney Friday signaled that rising productivity will now be the key factor that decides when the central bank will start to tighten monetary policy, and any tightening will be a slow, gradual process.<br /><br />In a speech at the World Ec Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday. ------- FTSE 100 - WINNERS Weir Group, up 0.2%. The engineering company said it had won a USD98 million, or GBP59 million, two-year contract to provide Read More
LONDON (Alliance News) - UK shares have opened higher Friday, as Bank of England Governor Mark Carney backed off of forward guidance and said there is "no immediate need" to raise interest rates.<br /><br /><strong>Royal Mail</strong> has reported a 2% increase in like-for-like revenues for th Read More
LONDON (Alliance News) - President Energy PLC Friday said the results of an independent audit of its prospective resources are substantially ahead of expectations. The oil and gas exploration and production company with operations in South America said the audit, by the consultancy company Read More