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The Times: Large caps: November 1, 2007

November 1, 2007

Robert Lindsay Premier Oil’s 72p rise to £12.40 made it one of the top mid-cap performers on talk that Italy’s oil giant Eni, Australia’s Santos, or Shell were looking to bid. Fellow target Burren Energy, where Eni has declared an interest, gained 35p to £12.10, well above the £11 the company has said indicative offers have reached, and Cairn Energy– also rumoured to be sought for its Indian oil fields – gained 74p to £23.53. BP, one of the rumoured Cairn predators, was up 2½p at 625p.

For the full report go to…

http://business.timesonline.co.uk/tol/business/markets/article2781890.ece

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