The Falkland oil drillers had a field day on whispers that Desire Petroleum, up 17p to 43.5p, is close to a big find in the islands.
Westmount, 8p higher to 32.5p, and Greenwich, 2p higher to 8.5p, benefited from their stakes in Desire.
From The Independent, November 3
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The oil tiddlers, which spiked last year on hopes of finding oil off the Falkland Islands, were back in demand again after the British Geological Survey reported substantial oil reserves around the islands.
Gaelic Resources doubled to 2.5p in heavy volume, with more than 5m shares traded, while Desire Petroleum climbed 17 to 43.5p. Westmount, which has a 5.5pc stake in Desire, jumped 8 to 32.5p.
From Electronic Telegraph, November 3 |
