TITLE

The price of impatience

AUTHOR(S)
Hasenfuss, Marc
PUB. DATE
February 2004
SOURCE
Finance Week;2/2/2004, p18
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Presents an investment analysis of the stock of Exxoteq, South African oil exploration company. Factors blamed for the decline of the company's share price; Opportunities and risks facing the firm; Presence of influential empowerment groups on board; Inability to clinch a major acquisition.
ACCESSION #
12506999

 

Related Articles

  • Roll out the barrels. Bharath, Kaveer // Finance Week;8/25/2003, p72 

    Reports on developments concerning oil exploration in South Africa as of August 2003. Oil production at PetroSA's sable oil field; Oil exploration project of the South African subsidiary of Exxoteq Corp.; Trends in the South African oil industry.

  • Canada's Turn, Finally? O'Leary, Christopher // Investment Dealers' Digest;1/7/2002, Vol. 68 Issue 1, p14 

    Reports the consolidation of petroleum companies in Canada. Implications of the growth increase in oil sands exploration operations; Potentials of Canada as alternative to Mideast oil; Impact of oil price collapse on investments to energy companies.

  • Second time lucky. Hasenfuss, marc // Finance Week;1/31/2005, p18 

    Reports the efforts of bankrupt oil exploration venture Exxoteq Corp. to regain its losses in South Africa. Skepticism on the chances of the company to do better despite the infusion of new funds and investment; Reasons for investors for infusing more money to the fledgling company despite;...

  • THE GOOD, THE BAD & THE UGLY.  // Finweek;6/7/2007, p22 

    The article offers news briefs related to business in South Africa. It is reported that HCI's limited payout gaming (LPG) interests are starting to churn over some promising profits. A possible opportunity will deliver for Spescom Ltd. to relieve its shareholders of the burden of waiting for...

  • Equitable sheds Gulf assets. Hull, Jennifer Pallanich // Offshore;May2000, Vol. 60 Issue 5, p22 

    Reports that Westport Oil and Gas has agreed to acquire the Gulf of Mexico oil exploration and production unit of Equitable Resources. Cost of the acquisition; Amount of oil and gas production Westport will take under the acquisition agreement.

  • Westbridge Energy acquires majority interest in four new petroleum licences offshore Namibia.  // African Business News;2/13/2013, p14 

    The article reports on the acquisition of majority interest in four new petroleum licenses offshore Namibia by oil and gas exploration company Westbridge Energy. The acquisition will make Westbridge the Operator of the Licenses with a 75 percent interest, Ropat Petroleum Investments will have a...

  • Heritage Oil announces results for the year ended 31 December 2012.  // African Business News;4/30/2013, p14 

    The article reports on the financial results posted by upstream exploration and production firm Heritage Oil PLC for the year ended December 31, 2012. Updates show the company's acquisitions including of oil and gas company OML, its disposed interest in the Miran asset in the Kurdistan region of...

  • R&B, Falcon merger sign of things to come. Furlow, William // Offshore;Aug97, Vol. 57 Issue 8, p24 

    Focuses on the slated merger of oil exploration firms, Reading & Bates and Falcon Drilling. Agreement to a tax-free stock deal; Reduction of exploration costs; Pivotal action among drillers in the Gulf of Mexico.

  • Oilfield activity heats up, though uncertainty lingers. Stuart, Stephen // New Orleans CityBusiness (1994 to 2008);12/25/2000, Vol. 21 Issue 27, p33 

    Focuses on the New Orleans, Louisiana's energy industries. Increase in crude oil and natural gas prices in 2000; Rise in drilling and production activity in the Gulf of Mexico; Merger among oil companies; Employment losses and gains; Activities of independent oil companies.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics