Thursday 30 March 2017 The one stop source for free breaking news, expert analysis, and videos on AIM and LSE listed shares


Saffron Energy - Shell News: good but largely expected, shares will re-rate

By HotStockRockets | Thursday 16 March 2017


Disclosure: Financial Investigative Media Limited, which is not owned by Tom Winnifrith but by a trust for his dependants, owns shares in companies mentioned in this article. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Saffron Energy (SRON) has announced the extension of the natural gas offtake contract between its Italian subsidiary Northsun and Shell. The contract has been extended to 1 October 2018, with an option to extend for a further year to 1 October 2019, and provides for offtake of gas supply for all of the Group's Italian gas fields.

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