Peel Hunt Raises Parkmead Target Price — Market Talk

0956 GMT Panmure Gordon raises its target price on Parkmead Group to 105p from 100p, after the company reports better than expected results from the Diever West gas field, onshore Netherlands, and doubles its interest in two U.K. oil fields. Parkmead now owns a 100% interest in the Polecat and Marten fields within License P.2218. It didn’t disclose the price paid for the extra interest, but Panmure reckons it was negligible. Shares up 3.7% at 48.75p. (ian.walker[a]wsj.com)

 
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Corrections & Amplifications

This item was corrected at 6:46 a.m. ET because it misstated the brokerage quoted. It should read Panmure Gordon instead of Peel Hunt.

(“Peel Hunt Raises Parkmead Target Price — Market Talk,” at 0956 GMT, misstated the brokerage quoted. It should read Panmure Gordon instead of Peel Hunt. The correct version follows:)

0956 GMT Panmure Gordon raises its target price on Parkmead Group to 105p from 100p, after the company reports better than expected results from the Diever West gas field, onshore Netherlands, and doubles its interest in two U.K. oil fields. Parkmead now owns a 100% interest in the Polecat and Marten fields within License P.2218. It didn’t disclose the price paid for the extra interest, but Panmure reckons it was negligible. Shares up 3.7% at 48.75p. (ian.walker[a]wsj.com)

 
Contact us in London. +44-20-7842-9464 
markettalk[a]wsj.com 
 
 

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