Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on INDEPENDENT OIL & GAS PLC. We currently have 70 research reports from 3 professional analysts.
|03Nov16 07:00||RNS||Issue of New Shares|
|01Nov16 07:00||RNS||Initial Results of Seismic and Update on Cronx|
|28Oct16 07:00||RNS||Completion of Vulcan Satellites Acquisition|
|03Oct16 02:05||RNS||Second Price Monitoring Extn|
|03Oct16 02:00||RNS||Price Monitoring Extension|
|30Sep16 07:00||RNS||Interim Results 2016|
|30Sep16 07:00||RNS||Initial Skipper Appraisal Well Results|
Frequency of research reports
Research reports on
INDEPENDENT OIL & GAS PLC
INDEPENDENT OIL & GAS PLC
The Oily Rag
11 Nov 16
Topic of the quarter: We discuss the outlook for the North Sea following the Wood Review and restructuring within the industry since the downturn in the oil price. Consistent with other mature regions, the North Sea has struggled with declining production and a stubbornly high cost base. Following the Wood Review and changes to the fiscal terms and regulatory environment, we discuss how these developments could prolong production and maximise economic recovery in the long term. Issues remain surrounding decommissioning and appetite for the region given its maturity but there is now at least a clear framework around which the industry can constructively operate. We feel that the future of the North Sea will be driven by the smaller, more nimble E&Ps and we profile Hurricane Energy, Ithaca Energy, Independent Oil & Gas and Parkmead Group. We also discuss the opportunities for the service sector.
Vulcan acquisition completed
28 Oct 16
Following on from the announcement in June, IOG has completed the acquisition of 100% of the share capital of Oyster Petroleum. Oyster own the licences which hold the the Vulcan Satellites gas fields, which are estimated to have 320.7bcf (53.45mmboe) of 2C recoverable resources.
30 Sep 16
Premaitha Health* (NIPT): FY 2016 results (CORP) | Zambeef* (ZAM): Positive year-end trading update (CORP) | Iofina* (IOF): Continuing to deliver on production targets (CORP) | Independent Oil & Gas* (IOG): Interim results and Skipper update (CORP) | The People’s Operator* (TPOP): Interims to June 2016 (CORP)
30 Nov 16
Abzena (ABZA): Interim results indicate happy customers (BUY) | Horizonte Minerals* (HZM): Fund raise completed (CORP) | SacOil* (SAC): Half-year trading statement (CORP) | Revolution Bars (RBG): New openings (BUY) | Amino Technologies* (AMO): Multi operator FUSION roll out (CORP)
Small Cap Breakfast
29 Nov 16
Asia Pacific Investment Partner - the research-driven emerging and frontier markets real estate development business intends to float on AIM and conduct a placing in December RM Secured Direct Lending - The secured direct lending fund intends to float on the Main Market on 15 December raising up to £100m Diversified Oil & Gas— Schedule One now out. $60m to be raised. Expected admission 6 December. Creo Medical Group —UK based medical device company focused on surgical endoscopy, a recent development in minimally invasive surgery. Admission due 7 December. Fundraising details TBA.
24 Nov 16
Quixant* (QXT): Gaming gains (CORP) | SCISYS* (SSY): Bringing good news from Germany (CORP) | Hayward Tyler Group*: Contract wins (CORP) | Sound Energy (SOU): TE-7 flow rate and fund raise (BUY) | Water Intelligence* (WATR): Growth and improving returns in a defensive market (CORP) | Imaginatik* (IMTK): Interim trading update (CORP)
High grade, low cost gold
28 Nov 16
High grades and low costs mean that, in our view, Scotgold’s Cononish project could generate more than £14m a year in EBITDA. In addition to advancing funding discussions based on the compelling bankable feasibility study mine plan (which at £950/oz gold price and 8% WACC gives a project NPV of £43.0m), the company is exploring optimisation opportunities, as well as the potential for a phased approach requiring lower up front capital. We are resuming coverage with a Buy recommendation and target price of 2.2p