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Latest News

Our news section highlights the latest industry news, press coverage and publications.

Dukemount Capital ("DKE"): 50 Year Agreement-to-Lease. Expected to receive £1m

Optiva Summary: Demonstrating execution and near term profitability: This is exciting news from DKE because they are a step closer to delivering profits of at least c.£1m from their first transaction. This demonstrates excellent execution from the management. It is important to highlight that the DKE could own the properties on a freehold basis thereby strengthening their balance sheet and underpinning the value of company.

Solid foundations in Ayenounan. Now set for expansion projects.

We believe DekelOil still offers investors a compelling and a deep value investment opportunity; DekelOil trade on a forward FY18 P/E of 4x on double-digit EPS growth. We have adjusted our price to 30p from 34p, and if the Guitry project is successfully implemented, our target price increases to 36.3p.

The Board of UOG is pleased to advise that its new corporate presentation is available

VIEW CORPORATE PRESENTATION

Next Steps:

  1. The company will continue to aggressively pursue portfolio growth via acquisitions and farm-in opportunities
  2. Drill…

Lidsey-X2 Operational Update

Angus Energy plc. is pleased to announce that the BDF drilling rig 28 has arrived on location at the Lidsey Oil Field and is in the process of rigging up prior to rig acceptance.

Successful perforation of well C-26 in Azerbaijan

Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; TSX.V: ZEE), the dual listed international oil & gas production company operating the largest onshore oilfield in Azerbaijan, is pleased to announce the successful perforation of a new, unexploited production zone in well C-26 in the Jafarli field.

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