A vixen inspires some hens to revolt against a bossy rooster. Cluck, cluck! They’re free! Then the vixen decapitates them. Euro-crisis leaders, take note.
Soco International Plc , a U.K. energy explorer in Africa and Southeast Asia, plunged in London trading after saying it will plug and abandon its appraisal well off the coast of Vietnam.
Total SA , Europe’s third-biggest oil company, reported a 72 percent increase in second-quarter profit and said production will grow more than 2 percent this year because of new developments.
Afren Plc , a U.K. oil and gas explorer focused on West Africa, will expand in the eastern side of the continent, an area where Exxon Mobil Corp. and Royal Dutch Shell Plc are paying more attention.
-- Afren Plc , a U.K. oil and gas explorer focused on Africa, cut its full-year production target as the arrival of an offshore production unit at its Ebok field off the southeast coast of Nigeria was delayed.
Macquarie Group Ltd., Australia’s largest investment bank, said it hired Leong Yung Chee from Credit Suisse Group AG as head of Singapore client coverage.
Tullow Oil Plc, the U.K. explorer with the most African licenses, will expand in Mauritania after the success of the Jubilee field in Ghana.
Dana Petroleum Plc , a U.K. oil and gas explorer, surged the most in 19 months in London trading after a takeover approach from Korea National Oil Corp.
Ophir Energy Plc, a U.K.-listed oil explorer focused on Africa, agreed to buy Dominion Petroleum Ltd. for 118 million pounds ($186 million) in stock to expand in Kenya and Tanzania.
"Although production volumes were relatively flat, the company again demonstrated very strong cash flow generation in spite of headwinds with U.S. gas prices."
- Richard Griffith on Nov 01, 2012