15 Nov 2013 10:11
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Don't have an account? Click here to register.Small caps round-up: African Aura, Weather Lottery, Antrim...
Thu, 07th Oct 2010 13:11
A 'highly encouraging' result from tests at its Putu iron ore project in Liberia has given shares in African Aura Mining a lift.'We are incredibly pleased with the metallurgical test results from the Putu project which indicate substantially improved recoveries and higher concentrates to what had previously been modelled by Amdel on early-stage less representative samples taken in 2008,' the company said.Lottery operator The Weather Lottery (TWL) has bought ClickNow, the operator of the search engine that provides supporters of charities, schools and not-for-profit organisations with a source of additional revenue through online marketing.In a deal valued at £0.05m TWL is paying for the acquisition through the issue of 5m ordinary shares. In the six months to 30 September Clicknow more or less broke even. TWL intend to integrate ClickNow with its lottery products for similar customers and cross market between the two client bases.Premier Oil has signed an agreement with Antrim Energy to study options for the Fyne Area in the UK Central North Sea. Under the terms of the agreement, Premier will have the option to acquire a 39.9% interest in Block 21/28a containing the Fyne field in return for payment of up to $50m towards the pre-development and development costs. Antrim owns a 75% working interest in Block 21/28a, and a 100% working interest in the adjacent Blocks 21/28b, 21/29c, 21/24b and 21/24c.Datatec subsidiary Westcon Group has agreed to acquire the outstanding 2.6% interest in its own share capital that is not already owned by Datatec for a consideration of $14.3m.Shares in ATH Resources dropped 12% on poor first half sales volumes. In a trading update, the UK coal producer reported that the first half was adversely affected by one of the worst winters Scotland has seen for over 100 years. Shares jumped 15.6% today for KBC Advanced Technologies as Pemex Refinacion, agreed a $42m deal for a Profit Improvement Program for their six refineries. The contract, which has been extended from an initial two sites to six sites earlier than anticipated, will last for 30 months and is the single largest award in KBC's history.
More News
25 Oct 2013 10:29
STOCKS NEWS EUROPE-UK small caps up slightly more than blue-chips
Britain's small cap equity indexes rise to slightly outpace gains on the blue-chip index. The FTSE Small Caps Index and junior-listed FTSE AIM All Share Index are both up by 0.2 percent in mid-session trade, with the blue-chip FTSE 100 index up by 0.1 percent. The FTSE 250 Mid Caps I
Read more25 Oct 2013 08:24
Antrim shares jump as Causeway and Cormorant production resumes
Canada-based oil and gas company Antrim Energy said oil production at the Causeway and Cormorant East Fields in the North Sea had restarted. It follows the completion of maintenance work on the North Cormorant platform. Antrim, which has a 35.5% interest in the Causeway field and 8.4% interest in
Read more25 Oct 2013 07:22
2 Jul 2013 15:05
Antrim says new technology puts small N.Sea oil field back on track
By Sarah Young LONDON, July 2 (Reuters) - Small North Sea explorer Antrim Energy said new technology had allowed it to revive plans to start oil production at a field it previously abandoned as unviable, sending its shares up 45 per cent and raising hopes other such fields could be develope
Read more2 Jul 2013 11:20
STOCKS NEWS EUROPE-UK small caps fall 0.1 percent mid-session
The FTSE AIM index falls 0.1 percent, outperforming a 0.4-percent drop from the midcaps, while lagging the FTSE Small Cap index which trades flat. AIM-listed exploration and production firm Antrim Energy jumps 46 percent in brisk trade after the UK Department of Energy and Climate Change a
Read more15 May 2013 13:53
Antrim Energy fails to impress despite reduction in Q1 losses
Antrim Energy shares dropped by nearly a third after the AIM-listed exploration and production company revealed its working capital declined sharply in the first quarter of the year - and despite significantly reduces its losses for the period. At the quarter-end the group had a working capital de
Read more14 May 2013 11:54
Antrim Energy's farm out deal with Kosmos Energy approved
Antrim Energy's farm out deal with Kosmos Energy has been given the green light by the Irish government. The two will now apply to the Minister of State at the Department of Communications, Energy and Natural Resources for the licensing option 11/5 to be converted into a 15-year frontier explorati
Read more1 Feb 2013 09:32
Antrim Energy pulls withdraws from Fionn Field subarea
AIM-listed exploration and production company Antrim Energy has elected to opt out of the Fionn Field development in the North Sea, according to an operational update issued by the company on Friday. The company, which has interets offshore in the UK North Sea, Ireland and Tanzania, stated that the
Read more1 Feb 2013 07:55
Friday broker round-up UPDATE
Afren: HSBC shifts target price from 190p to 200p, while reiterating an overweight rating. Antofagasta: Exane BNP reduces target price from 1500p to 1350p maintaining an outperform rating. Antrim Energy: Westhouse Securities lowers target price from 70p to 65p and reiterates a buy recommendation.
Read more16 Jan 2013 17:36
CORRECTED-UPDATE 2-Antrim's oilfields shut after leak in UK Brent pipeline system
(Corrects paragraph 8 to say oil prices hit a high of $110.84, not $111) * Production halted at Causeway, Cormorant East fields * Analyst estimates production could be halted by a week * Antrim shares fall as much as 4 percent By Krithika Krishnamurthy Jan 16 (Reuter
Read more16 Jan 2013 15:35
UPDATE 1-Antrim's 2 fields shut after leak in UK Brent pipeline system
* Production halted at Causeway, Cormorant East fields * Analyst says impact on Antrim could be minor * Antrim shares fall as much as 4 percent By Krithika Krishnamurthy Jan 16 (Reuters) - Antrim Energy Inc said two of its oil fields in the North Sea went off production following a leak in an oil p
Read more16 Jan 2013 09:17
Antrim Energy: potential hydrocarbon leak on Cormorant Alpha platform
Antrim Energy has announced that the export infrastructure system used by the Causeway Field and Cormorant East Field in the UK Northern North Sea is currently unavailable due to a potential hydrocarbon leak on the Cormorant Alpha platform. All production and associated pipeline infrastructure ass
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