Lochard Energy Group PLC

Entity type image
Type: Company
Name: Lochard Energy Group PLC
First reported 11 hours ago - Updated 11 hours ago - 1 reports

SMALL CAP MOVERS: 'Patient investors to be rewarded' as AIM rises 5% in a month

As the blue chip advance has slowed to a dawdle, the small cap market presents something of an opportunity for investors.Standing at 3,328 this morning the FTSE AIM 100 was down just 0.3 per cent in the past week, and it is still around 5 per cent higher ... [Published This Is Money - 11 hours ago]
First reported 19 hours ago - Updated 19 hours ago - 1 reports

Scottish Business Briefing – Friday 24 May, 2013

WELCOME to scotsman.com’s Scottish Business Briefing. Every morning we bring you a comprehensive round-up of all news affecting business in Scotland today. BANKINGNew bank Aldermore offers mortgages in ScotlandCHALLENGER bank Aldermore is to offer mortgages ... [Published The Scotsman - 19 hours ago]
First reported May 23 2013 - Updated 20 hours ago - 1 reports

Parkmead Group announces recommended all-share offer for Lochard Energy Group

Under the terms of the Acquisition, Scheme Shareholders will be entitled to receive 0.385 Parkmead Consideration Shares for each Scheme Share held at the Scheme Record Time.Based on the Closing Price of a Parkmead Share of 12.625 pence on 22 May 2013 ... [Published Energy-pedia - May 23 2013]
First reported May 24 2013 - Updated May 24 2013 - 1 reports

Parkmead in 14.5m Lochard Energy deal

TOM Cross has made his biggest move yet in his attempt to build another major North Sea firm by agreeing the 14.5 million takeover of Lochard Energy by the Parkmead Group he runs.The Aberdeen oilman, who built Dana Petroleum into a 1.9 billion business, ... [Published Herald Scotland - May 24 2013]
First reported May 23 2013 - Updated May 23 2013 - 6 reports

Parkmead in £14.5 million swoop for rival

Parkmead chief executive Tom Cross hailed the firm's most important deal to date today as he snapped up North Sea minnow Lochard Energy for less than its market value.The two companies have agreed the terms of a takeover that values Lochard at about £14.5 ... [Published NewsRT.co.uk - May 23 2013]
First reported May 23 2013 - Updated May 23 2013 - 3 reports

US shares lose ground amid global sell-off

  Shares on Wall Street were falling in early deals as investors reacted further to the Fed's potential decision on bond buying. Yesterday, Bernanke's comments that the US central bank could shortly taper the programme sent equities reeling and the ... [Published Proactiveinvestors United Kingdom RSS feed - May 23 2013]
First reported May 23 2013 - Updated May 23 2013 - 1 reports

Scottish Business Briefing – Thursday 23 May, 2013

WELCOME to scotsman.com's Scottish Business Briefing. Every morning we bring you a comprehensive round-up of all news affecting business in Scotland today. ENERGY & UTILITIES SSE’s Ian Marchant wants end to ‘interventionitis’OUTGOING SSE chief executive ... [Published NewsRT.co.uk - May 23 2013]
First reported May 23 2013 - Updated May 23 2013 - 1 reports

BRIEF-Parkmead agrees to acquire Lochard Energy for 14.5 mln stg

7:19am BSTLONDON, May 23 (Reuters) - Parkmead Group PLC : * The) - offer for lochard energy group plc ... [Published Reuters UK - May 23 2013]
First reported May 23 2013 - Updated May 23 2013 - 1 reports

Parkmead makes approved offer for Lochard Energy

StockMarketWire.com - Parkmead Group is to make a recommended all-share offer for Lochard Energy, valuing the latter company at about £14.5 million. Under the terms of the acquisition, scheme shareholders would be entitled to receive 0.385 Parkmead consideration ... [Published Stock Market Wire - May 23 2013]
First reported Apr 28 2013 - Updated Apr 28 2013 - 1 reports

Lochard Energy Group PLC: Company Profile - New SWOT Report

Lochard Energy Group PLC (Lochard) is an oil and gas exploration company, based in Australia. Lochard is formerly known as Rheochem PLC. The company is providing drilling fluids and additives, production chemicals, and engineering services to the oil ... [Published TransWorldNews - Apr 28 2013]
First reported Feb 28 2013 - Updated Feb 28 2013 - 2 reports

Jupiter Energy Limited, Victoria Oil & Gas, Wessex Exploration, Lochard Energy Group and others feature in Fox-Davies Newsflash

Daily Oil & Gas Monitor Victoria Oil & Gas ( LON:VOG ) – In Control of its Destiny: While results announcements are mostly reportage of events that have already unfolded, today’s announcement also details the news that Diageo is now online ... [Published Proactiveinvestors United Kingdom website - Feb 28 2013]
First reported Jan 14 2013 - Updated Jan 14 2013 - 1 reports

Lochard Energy expects to drop the Thunderball

North Sea focussed junior Lochard Energy ( LON:LHD ) this morning said it cannot on its own fund the drilling of a commitment well on the Thunderball project.While the company has a 10% stake in the Ithaca operated Athena field - which currently generates ... [Published Proactiveinvestors United Kingdom website - Jan 14 2013]

Quotes

"The small cap market still allows patient investors to be rewarded given the shelter against general concerns that are resulting in volatility in the main market" said Atif Latif, director of trading at Guardian Stockbrokers
...4m. A FirstGroup spokesman said: "This is completely in line with the normal market rate for the kinds of fees charged on this kind of transaction." (Herald)
"This is the most exciting and important deal for Parkmead to date" said Mr Cross, who made around 57m when Korea National Oil Corporation bought Dana in 2010
"The acquisition of Lochard will increase Parkmead’s production by over 400 per cent, and therefore provides it with a significantly enhanced cash flow profile."

More Content

All (28) | News (24) | Reports (0) | Blogs (4) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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SMALL CAP MOVERS: 'Patient investors to be rewa... [Published This Is Money - 11 hours ago]
Scottish Business Briefing – Friday 24 May, 2013 [Published The Scotsman - 19 hours ago]
Parkmead in 14.5m Lochard Energy deal [Published Herald Scotland - May 24 2013]
Parkmead in £14.5 million swoop for rival [Published NewsRT.co.uk - May 23 2013]
Parkmead in £14.5 million swoop for rival [Published The Scotsman - May 23 2013]
Broker Round-up II: Bridge Energy, Condor Gold,... [Published Proactiveinvestors United Kingdom RSS feed - May 23 2013]
US shares lose ground amid global sell-off [Published Proactiveinvestors United Kingdom RSS feed - May 23 2013]
Bernanke and China deal FTSE 100 double blow [Published Proactive Investors.co.uk - May 23 2013]
Bernanke and China deal FTSE 100 double blow [Published Proactiveinvestors United Kingdom website - May 23 2013]
Most followed: Parkmead, Lochard Energy, Noricu... [Published Proactiveinvestors United Kingdom RSS feed - May 23 2013]
North Sea oil explorer buys rival [Published BBC - May 23 2013]
Market Movers: ZincOx Resources, Sarantel Group... [Published Proactiveinvestors United Kingdom RSS feed - May 23 2013]
Parkmead to expand North Sea presence with £14.... [Published The Scotsman - May 23 2013]
Market Movers - Top risers and fallers at 09:00 [Published MoneyAM - May 23 2013]
Parkmead agrees £14.5mln Lochard Energy takeover [Published Proactiveinvestors United Kingdom website - May 23 2013]
Scottish Business Briefing – Thursday 23 May, 2013 [Published NewsRT.co.uk - May 23 2013]
Parkmead Group announces recommended all-share ... [Published Energy-pedia - May 23 2013]
BRIEF-Parkmead agrees to acquire Lochard Energy... [Published Reuters UK - May 23 2013]
Parkmead to expand North Sea presence with £14.... [Published NewsRT.co.uk - May 23 2013]
Parkmead makes approved offer for Lochard Energy [Published Stock Market Wire - May 23 2013]
Market Movers - Top risers and fallers between ... [Published MoneyAM - May 13 2013]
Lochard Energy Group PLC: Company Profile - New... [Published TransWorldNews - Apr 28 2013]
Disclosure Table [Published TrustNet - Apr 19 2013]
Disclosure Table [Published TrustNet - Apr 15 2013]
Jupiter Energy Limited, Victoria Oil & Gas, Wes... [Published Proactiveinvestors United Kingdom website - Feb 28 2013]
Jupiter Energy Limited, Victoria Oil & Gas, Wes... [Published Proactiveinvestors United Kingdom RSS feed - Feb 28 2013]
Afferro Mining, Ferrex Plc, GoldStone Resources... [Published Proactiveinvestors United Kingdom RSS feed - Jan 14 2013]
Lochard Energy expects to drop the Thunderball [Published Proactiveinvestors United Kingdom website - Jan 14 2013]
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Bernanke and China deal FTSE 100 double blow [Published Proactiveinvestors United Kingdom website - May 23 2013]
The UK’s blue chips slumped on Thursday, taking their lead from equity markets around the world. Fed chairman Ben Bernanke had shares flying high yesterday after he appeared to encourage more asset purchases. But his comments that the US central bank ...
Parkmead agrees £14.5mln Lochard Energy takeover [Published Proactiveinvestors United Kingdom website - May 23 2013]
Growing North Sea oil firm Parkmead ( LON:PMG ) has agreed a £14.5mln deal to takeover Lochard Energy ( LON:LHD ). The all-paper deal will give Parkmead a 10% stake in the Ithaca Energy operated Athena oil field, which began production last year ...
Jupiter Energy Limited, Victoria Oil & Gas, Wes... [Published Proactiveinvestors United Kingdom website - Feb 28 2013]
Daily Oil & Gas Monitor Victoria Oil & Gas ( LON:VOG ) – In Control of its Destiny: While results announcements are mostly reportage of events that have already unfolded, today’s announcement also details the news that Diageo is now online ...
Lochard Energy expects to drop the Thunderball [Published Proactiveinvestors United Kingdom website - Jan 14 2013]
North Sea focussed junior Lochard Energy ( LON:LHD ) this morning said it cannot on its own fund the drilling of a commitment well on the Thunderball project.While the company has a 10% stake in the Ithaca operated Athena field - which currently generates ...
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