Oil price, Southern, Beacon. And finally…
Oil rallied yesterday as the dollar fell and Chinese leaders pledged 'strong support' for the economy. Today Southern Energy has showed its versatility by slowing organic growth and adding inorganic pressure from acquisitions like the Gwinville deal. Beacon at long last announce that the SCHB-2(2) well has been a success and better than pre-drill estimates with flow rates yet to come.