Enegi Oil(ENEG)

Sector:

Oil & Gas Producers

Market Cap

£15.96m

Change Today

Price Down-5.00p

Share Price

52.50p

Enegi Oil aims for success in Canada

Date: Thursday 20 Mar 2008

LONDON (ShareCast) - Enegi Oil edged ahead today after the independent oil and gas group made its debut on London’s AIM following a fundraising that bagged around £15m.

The group, focused on oil and gas in western Newfoundland, Canada, placed shares at 181p each to value the business at about £55m.

It said the proceeds from the fundraising will be used to carry out the group's work programme to acquire new or additional working interests in oil and gas assets.

The work programme for 2008 involves the drilling of an exploration well on Shoal Point and a horizontal production well on Garden Hill South.

Commercial production and bookable reserves are expected this year and plans are being developed to ensure the oil can be exported.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Enegi Oil Market Data

Currency UK Pounds
Share Price 52.50p Price Down
Change Today -5.00p
52 Week High 202.00
52 Week Low 50.00
Volume 0
Shares Issued 30.39m
Market Cap £15.96m

Performance Indicators

Compare performance with the sector and the market.
Find out more
Key: vs Market vs Sector
Value
1.36% below the market average1.36% below the market average1.36% below the market average1.36% below the market average1.36% below the market average
1.72% above the sector average1.72% above the sector average1.72% above the sector average1.72% above the sector average1.72% above the sector average
Price Trend
28.35% above the market average28.35% above the market average28.35% above the market average28.35% above the market average28.35% above the market average
3.17% above the sector average3.17% above the sector average3.17% above the sector average3.17% above the sector average3.17% above the sector average
Income Not Available
Growth Not Available
Price Chg 6m
83.61% below the market average83.61% below the market average83.61% below the market average83.61% below the market average83.61% below the market average
74.6% below the sector average74.6% below the sector average74.6% below the sector average74.6% below the sector average74.6% below the sector average
P/E Not Available
PEG Not Available
Dividend Yield Not Available
EPS Growth Not Available
Operating Margin Not Available

Enegi Oil Dividends

No dividends found

Trades for --2008

Time Volume / Share Price
0 @ 0.000p

Enegi Oil Key Personnel

CEO Alan Minty
CFO Kevin McNair

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