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Tuesday 11 November 2014 8:02 pm|Updated:Friday 07 June 2019 4:28 pmEgdon positive despite decline in oil revenuesBy: Caitlin MorrisonShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleUK OIL and gas firm Egdon Resources reported a loss of pound;460,000 for the year ended July 2014, compared with a loss of pound;720,000 in 2013.Oil and gas revenues dipped to pound;2.96m <a href=www.stanley-usa.us>stanley mug</a> from pound;3.34m, despite production increasing. Mark Abbott, managing director at Egdon, said this was primarily down to declining oil prices.However, he added that because Egdon was more focused on onshore production, and had several interests in shale drilling projects, the company was buffered from the worst effects of lower gas prices. Abbott described the past year as being transformational for the company. He added: We have made significant strides in delivering in our strategy.Part of this strat <a href=www.bru-mate.ca>brumate cooler</a> egy was to grow in the UK unconventional resources space. Egdon acquired Alkane Energy during the 2014 financial year, and entered into agreements with French oil firm Total and with Scottish Power. The group also raised pound;10m through two equity fundraisings.Another part of the firmrsquo strategy, according to Abbott, was to increase production. He highlighted that the company had reported dail <a href=www.bru-mate.ca>brumate cup</a> y production of 238 barrels of oil equivalent per day Rzrl Business telecoms group Gamma valued at pound;165m ahead of float
Wednesday 09 October 2013 8:57 pmDraghi claims euro progressBy: Express KCSShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleSPEAKING at Harvard University, European Central Bank president Mario Draghi last night painted a rosy picture for the single currency.Referring to the progress seen in peripheral Eurozone countries as ldquo taggering, he added that some in the US underestimated the depth of Europeansrsquo; commitment to the euro. Draghi also insisted that more co-ordinated fiscal policy across the countries in the euro area did not imply a loss of sovereignty for national governments. Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: Section <a href=www.cup-stanley.ca>stanley drink bottle</a> sNewsCategoriesBusinessTrending ArticlesLabour will regret the Rentersrsquo; Rights ActUK at lsquo;greatest riskrsquo; of jet fuel shortage as flights to be cancelledJet fuel shortage l <a href=www.cups-stanley-cups.com.de>stanley cup</a> ooms as government scrambles to secure suppliesAfter Santanderrsquo TSB takeover ndash; who are the top players in UK banki <a href=www.stanleyquencher.uk>stanley quencher uk</a> ng Clairersquo Accessories to launch UK high street comebackMore from City AMIMF slaps UK with biggest growth downgrade of any G7 countryEconomicsCity of London urges action on Swiss border as EES holds up business travellersTravelChiesi Reports Strong FY2025 Financial and Sustainability Results and Announces Leadership Transition HighlightsBusiness WireUK eyes AI in classroo