Falkland Oil and Gas (LON:FOGL) shares rose by 15.98% after it revealed its was close to finalising a rig contract for its deep water exploration programme. Caspian Holdings (LON:CSH) was the second strongest performer in the sector in late afternoon trading with its shares up 14.29% Ascent Resources (LON:AST) and Ithaca Energy (LON:IAE) saw gains of 4.88% and 4.71% respectively. The biggest falls were at Txo (LON:TXO), President Petroleum (LON:PPC) and Serica Energy (LON:SQZ) - down 14.29%; 13.55% and 13.16% respectively. At 4:00pm: (LON:AST) Ascent Resources share price was +0.26p at 5.38p (LON:AUR) Aurum Mining share price was 0p at 4.25p (LON:BOR) share price was -0.37p at 61.88p (LON:CHAR) share price was -0.75p at 260.25p (LON:CSH) Caspian Holdings share price was +0.08p at 0.6p (LON:DES) Desire Petroleum share price was -0.37p at 36.88p (LON:DGO) Dragon Oil share price was +16p at 602p (LON:ENQ) share price was -0.55p at 136.95p (LON:FOGL) Falkland Oil and Gas Limited share price was +12.88p at 91.88p (LON:GKP) Gulf Keystone Petroleum share price was +1.88p at 151.88p (LON:GPX) share price was -4.87p at 288.13p (LON:IAE) share price was +7.25p at 161.25p (LON:INDI) share price was +16p at 750.75p (LON:PET) Petrel Resources share price was -0.12p at 18.63p (LON:PPC) share price was -5.25p at 33.5p (LON:RKH) share price was +4.63p at 248.63p (LON:RPT) Regal Petroleum share price was 0p at 49.5p (LON:XEL) share price was -6.75p at 338p
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