Commodities

'Excellent' Horse Hill flow rate results impress AIM quintet
Horse Hill’s testing results at the Portland reservoir in the UK’s Weald Basin on Friday implied equivalent rates of 401 and 414 barrels of oil per day, beating 2016 results.

Serica Energy to acquire Bruce and Kieth interests for $20m
UK oil and gas company Serica Energy on Friday agreed to acquire further interests in the Bruce and Keith (BK) fields in the UK North Sea from Total for up to $20m.

Centamin second-quarter profits fall on lower production
Centamin’s profit fell heavily in the second quarter as the Egyptian gold miner produced less gold and costs rose.

Commodities: Copper, WTI and cocoa futures reel
Commodities were hammered following reports that Washington might be set to ratchet-up the pressure on Beijing in their ongoing trade spat.

Mosman succesfully completes drilling of first well with Texan firm Baja
Mosman Oil & Gas on Wednesday successfully completed drilling operations at the first well of the Stanley Development Drilling Project in Texas.