The Smallcap Oil & Gas round up.

It’s been a good week for die hard supporters of Xel & Borders. Both share-prices made considerable gains this week on renewed optimism. And a decent result with the bit for Borders suggests that they may have turned around the initial disappointment on their Darwin “Find”.

Afren : AFR

Released their 2012 Half-yearly Results . A summary of which can be found by clicking the link

Antrim Energy : AEY

An international oil and gas exploration and production company headquartered in Calgary, Canada, announced the UK Department of Energy and Climate Change has approved the Field Development Plan for the Fionn Field in the UK North Sea Block 211/22a South East Area. Antrim holds a 35.5% working interest in the Fionn licence, which is immediately adjacent to the Causeway Field in Block 211/23d (Antrim 35.5%). Antrim also reported that TAQA Bratani has kicked off drilling operations on the Contender prospect in the UK Northern North Sea.The well, which is being drilled from the TAQA-operated Cormorant North production platform, will target the Jurassic Brent sequence of sandstones at a projected drilling depth of 16,900 feet, east of the North Cormorant Field. Under the terms of a farm-out agreement signed last year, TAQA earned a 60% interest and operatorship in the block by committing to pay 100 percent of the drilling cost and 100% of the cost to complete the well, with this latter cost to be recovered from production revenue. Should the Contender prospec

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