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Pin to quick picksMosman Oil Gas Share News (MSMN)

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UK TRADING UPDATE SUMMARY: Staffline Pens New Deal, Extends Tesco Pact

Mon, 05th Oct 2020 19:23

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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Staffline Group PLC - Nottingham, England-based recruitment & training group - PeoplePlus adult skills and training division selected for UK government's Provision of Employment & Health Related Services framework. Agrees three-year extension to provide contingent labour to grocer Tesco PLC.

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Norman Broadbent PLC - London-based recruitment and professional services firm - Acquires outstanding minority interest of 25% in Normal Broadbent Interim Management Ltd, from seller Anhela Hickmore, for GBP135,000. Norman Broadbent says GBP65,000 to be paid in cash and GBP70,000 in shares.

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SimiGon Ltd - simulation training solutions provider - Awarded additional USD500,000 for C-130 virtual maintenance training contract with "large international defense company".

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VR Education Holdings PLC - Waterford, Ireland-based virtual reality education and enterprise training - ENGAGE platform selected for Global Youth Takeover, a "major United Nations event". "With Covid-19 making many physical events impossible, using VR technology, the ENGAGE platform can provide attendees of virtual conferences with a real live event experience," VR Education said.

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BATM Advanced Communications Ltd - Israel-based data & telecommunications company - Receives EUR4.3 million initial order from Italy-based "major new customer" for Covid-19 tests.

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Tekcapital PLC - UK intellectual property investment company - Portfolio company Guident enters into mobile connectivity partnership with Cirrus Core Networks Inc for US in autonomous vehicles.

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Zephyr Energy PLC - technology-led oil & gas exploration company focused on US - Plans to begin spudding of dual purpose well a Paradox project, Utah by end of year. Secures USD2 million funding from US Department of Energy.

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Central Asia Metals PLC - copper, zinc and lead explorer, operating in Kazakhstan and North Macedonia - Pays EUR65,000 environmental fine from Sasa tailings leak. Received approval in North Macedonia to recommence operations at Sasa. Plant will work at 50% capacity for trial period. Total cost of incident, including repairs and environmental aspects, to be below USD1.5 million.

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Predator Oil & Gas Holdings PLC - Jersey-based oil & gas company - Did not acquire FRAM Exploration Trinidad Ltd by September 30 deadline. Says acquiring asset which produces energy through conventional means does not fit with its strategy. "Furthermore, in line with the company's prudent management of resources through the Covid-19 crisis, it was deemed inappropriate to enter into a corporate transaction that would involve significant transaction costs; potential delays in regulatory approvals; taking on liabilities and administrative burdens associated with an incremental production service contract; and potentially significant shareholder dilution," Predator said.

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Alba Mineral Resources PLC - mineral exploration & development company, with projects in Greenland, Wales and Ireland - Updates on work at Clogau-St David's gold mine. Says four drill holes completed so far and has permission extended to allow for drilling to continue until end of October.

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Mosman Oil & Gas Ltd - oil exploration company - Says operator of Stanley-4 well, located in Texas, reports output of 1,661 barrels of oil from asset since September 22.

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Thor Mining PLC - vanadium & gold miner in US and Australia - Begins close-spaced airborne magnetics survey at Ragged Range project at Pilbara Goldfield tenements, Australia. "The airborne magnetics survey is designed to map out the underlying mafic/ultramafic greenstones and to identify key prospective structures," Thor said.

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Aura Energy Ltd - Australian minerals company - Says more steps completed ahead of plans to seal CAD4.5 million, about GBP2.6 million, gold funding deal with Archean Gold. Aura completes final USD100,000 payment to Nomads Mining Co Sarl and Archean completes due diligence of Aura's Tasiast South gold project.

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SDX Energy PLC - London-based oil & gas explorer - Says has performed "strongly" so far in second half, with output ahead of guidance.

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Pensana Rare Earths PLC - operator of rare earths project in Angola - Reports successful output of NdPr-rich mixed rare earth carbonate following testwork at Longonjo project. "MREC is a much higher purity and higher value product and has a much broader market and range of applications than the concentrate product contemplated in Pensana's preliminary feasibility study. Based on information provided by industry specialists the specifications of Longonjo's MREC compares favourably with the main products currently being produced and sold mainly in China," Pensana said.

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SolGold PLC - Australian gold & copper mining company - Plans larger 50,000 metres drilling programme at Porvenir project, subject to ongoing positive results. Says first drill hole intersected 644 metres of visual copper sulphide mineralisation.

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Path Investments PLC - energy & natural resources investment company - Reports proposed sale of Kansas Land leases to GasRock Ltd for GBP126,000.

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Braveheart Investment Group PLC - Barnsely, England-based strategic investor - Investee Paraytec Ltd sees "minor logistical issues" in proof of concept work for a Covid-19 test with the University of Sheffield. Issues due to local lockdown restrictions in UK.

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Alternative Income REIT PLC - real estate investment trust focused on UK commercial property assets - Investment manager proposes amendment to investing policy. Proposes reducing minimum weighted average unexpired lease term of portfolio to 12 years and backs removal of the restrictions to permitted sectors in property market.

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RTW Venture Fund Ltd - New York-based investment company which invests in life sciences, biopharmaceutical, and medical technology companies - Portfolio company C4 Therapeutics Inc prices USD182.4 million Nasdaq Global Market float. Will offer 9.6 million shares at USD19.00 each. On first day of trading, C4's shares climbed 34% to USD25.49.

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EQTEC PLC - waste-to-energy project developer, based in London - Signs deal with Wood Group UK Ltd and DS Mena to aide "effective deployment" of EQTEC technology to global energy-to-waste sector.

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PureTech Health PLC - biotherapeutics company - Says founded entity Alivio Therapeutics lands USD3.3 million from US Department of Defense, to further development of ALV-304 treatment for inflammatory bowel disease.

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By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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29 Apr 2024 12:04

Mosman Oil & Gas shares up as EP 145 farm-in approved in Australia

(Alliance News) - Mosman Oil & Gas Ltd shares rose on Monday after the company said it has received approval for a farm-in at one of its Australian gas projects.

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29 Apr 2024 10:44

AIM WINNERS & LOSERS: Mosman farm-in approved; Zenova's contract win

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

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10 Apr 2024 13:42

IN BRIEF: Mosman Oil & Gas quarterly production grows

Mosman Oil & Gas Ltd - oil exploration, development, and production company with projects in the US and Australia - Achieves gross production of 10,745 barrels of oil equivalent in the three months to March, up 28% from 8,369 in the corresponding quarter a year ago. The higher production rates are primarily due to workovers and changes in production infrastructure, it says. Chief Executive Officer Andy Carroll says: "I am pleased to see increasing production in USA providing revenue and cashflow whilst we progress helium, hydrogen and hydrocarbon exploration in Australia."

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3 Apr 2024 11:53

TRADING UPDATES: RBG sells Convex; Nexteq eyes share buyback

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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27 Mar 2024 12:04

EARNINGS: Mosman loss wider on production fail; PipeHawk "optimistic"

(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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4 Mar 2024 14:14

Mosman Oil & Gas commits to long lead items at EP 145 in Australia

(Alliance News) - Mosman Oil & Gas Ltd on Monday said that it has committed to long lead items for the seismic acquisition programme at EP 145, its project in Australia.

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16 Feb 2024 14:31

Mosman reports uptick in production at Stanley project

(Sharecast News) - Hydrocarbon, helium and hydrogen explorer, developer and producer Mosman Oil and Gas announced a substantial uptick in production at its Stanley project in the United States on Friday.

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16 Feb 2024 12:18

IN BRIEF: Mosman Oil & Gas says Stanley project gross production rises

Mosman Oil & Gas Ltd - Oil exploration, development, and production company with projects in the US and Australia - Says gross production at its Stanley project in the US has increased to around 93 barrels of oil per day, a "material improvement" from quarter gross average flow rate of 43 bopd the firm reported in December. Says this has been achieved following a period of production equipment reconfiguring and optimisation, including the installation of surface and downhole equipment to boost production with jet pumps.

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2 Feb 2024 15:21

Mosman raises £0.3m to bolster working capital

(Sharecast News) - Mosman Oil and Gas had raised £0.3m, it announced on Friday, through the placing of 2,400,000,000 shares.

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2 Feb 2024 10:44

Mosman Oil & Gas down after discounted fundraise for Amadeus licences

(Alliance News) - Shares in Mosman Oil & Gas Ltd sank after the company announced GBP300,000 placing offer, but the company said that the proceeds were required for two northern Australian licences.

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31 Jan 2024 15:27

UK shareholder meetings calendar - next 7 days

Thursday 1 February 
Cerillion PLCAGM
Keystone Positive Change Investment Trust PLCAGM
Sage Group PLCAGM
Friday 2 February 
Tectonic Gold PLCAGM
Monday 5 February 
no events scheduled 
Tuesday 6 February 
Blackrock Frontiers Investment Trust PLCAGM
Qinetiq Group PLCGM re share buyback authorisation
Ten Lifestyle Group PLCAGM
Wednesday 7 February 
Asos PLCAGM
eEnergy Group PLCGM re disposal of Energy Management division
Future PLCAGM
Mosman Oil & Gas LtdEGM re director participation in placing
Premier Miton Group PLCAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
23 Jan 2024 11:51

Mosman Oil extends termination date for farm-in agreement

(Alliance News) - Mosman Oil & Gas Ltd on Tuesday said it has agreed to amend the farm-in agreement, extending a termination date.

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15 Jan 2024 12:02

Mosman lodges EP 145 asset environment plan for approval in Australia

(Alliance News) - Mosman Oil & Gas Ltd on Monday said it has lodged an environmental management plan to the Northern Territory government in Australia for its EP 145 project.

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6 Dec 2023 10:56

Mosman Oil & Gas shares rise on improved production at Stanley

(Alliance News) - Mosman Oil & Gas Ltd on Wednesday celebrated improved production at the Stanley project in the US, after recent work revamping the site.

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29 Nov 2023 14:30

EARNINGS AND TRADING: Northern Bear boosts profit, Esken loss widens

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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