Sound Energy PLC (LON:SOU) revealed this week that it is making rapid progress on two fronts having completed drilling in Morocco and made significant headway in Italy. Meanwhile, in colder climes, 88 Energy Ltd (LON:88E, ASX:88E) told investors that its new drilling programme has now begun in Alaska. The well has thus far yielded an additional 55 barrels of oil light oil per day. Successful completion of the first of its new development wells at the Goudron oil field, onshore Trinidad was disclosed by LGO Energy PLC (LON:LGO) this week. The SD-1X well is targeting both oil and gas reservoirs – gas in the upper Abu Madi section, and oil is targeted in the lower AEB & Abu Roash sections.
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Following an update released by analysts at RBC Capital Markets on Thursday the broker has now set a 'Sector perform' rating on facebook/" target="_blank">shares of Tullow Oil (LON:TLW) with a price target of 275. On Thursday RBC Capital Markets downgraded its target for shares of Tullow Oil to 'Sector perform' recommending a target price of 275 for investors; potentially meaning there is an increase of 33.43% from Tullow Oil's share price of 206.11. Tullow Oil has 911,972,000 shares currently held by shareholders which currently trade around the 206.11 mark which totals Tullow Oil's market capitalisation to 1.88B GBP. 12 Month Share Chart For Tullow OilThe business has a 50 day moving average of 263.3 and a 200 day moving average of 274.95 whilst the 52 week high shares of Tullow Oil have reached is 352.1 and the 52 week low is 181.1.
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collected by :Jack Luxor
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Following an update released by analysts at RBC Capital Markets on Thursday the broker has now set a 'Sector perform' rating on facebook/" target="_blank">shares of Tullow Oil (LON:TLW) with a price target of 275. On Thursday RBC Capital Markets downgraded its target for shares of Tullow Oil to 'Sector perform' recommending a target price of 275 for investors; potentially meaning there is an increase of 33.43% from Tullow Oil's share price of 206.11. Tullow Oil has 911,972,000 shares currently held by shareholders which currently trade around the 206.11 mark which totals Tullow Oil's market capitalisation to 1.88B GBP. 12 Month Share Chart For Tullow OilThe business has a 50 day moving average of 263.3 and a 200 day moving average of 274.95 whilst the 52 week high shares of Tullow Oil have reached is 352.1 and the 52 week low is 181.1.
read more visit us oil markets
collected by :Jack Luxor
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