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Afren to drill main market

West African explorer Afren (AFR:AIM) could potentially be a FTSE 250 company before the end of the year. The company, which has the advantage of having a former Opec president and current advisor to the Nigerian government in Dr Rilwanu Lukman as chairman, has announced its intention to... READ MORE >>

Stocks to watch: Oil & Gas - xXcite Energy (XEL:AIM)

xXcite Energy (XEL:AIM) The heavy oil specialist, which came to the market last year, drilled a successful appraisal well on its Bentley field in February. The company does not lack ambition, management aims to be pumping 60,000 barrels of oil a day by 2012, and the firm is currently ... READ MORE >>

Q1 mining: gold silver and bronze medalists

Nearly two years since listing on Aim and still fighting a legal battle over diamond rights in Zimbabwe, African Consolidated Resources (AFCR:AIM) holds the accolade of best UK market performer in the past three months among mining stocks valued at less than £100 million. Its share price... READ MORE >>