Pressure Tech Share News (PRES)
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It looks like Nigel Luckett, a Non-Executive Director at Pressure Technologies, chose an expensive time to top up his stake as the stock hit a 52-week high on Monday. Luckett, a former partner of KPMG, bought 18,000 shares at a price of 217.5p each, spending a total of £39,150. He now holds 70,000
Read morePressure Technologies, a high pressure systems engineer, has returned to the black after enjoying a leap in revenues for the half year ended March 31st. Pre-tax profits came in at £0.46m, compared to a loss of £0.31m in 2011, while revenues reached £12.6m, £2.3m higher than those seen the previous
Read moreEnegi Oil says the pressure results from the ongoing chemical soak at its PaP#1 Garden Hill South (GHS) well in Newfoundland are "positive". A second chemical soak is planned to improve connectivity even further. Chemicals and acid will be injected down the wellbore at a significantly higher pressu
Read moreThe Office of Fair Trading (OFT) is investigating the market for the treatment of organic waste in order to assess whether there are appropriate incentives for technologies such as anaerobic digestion. It is government policy to encourage the generation of energy from waste through anaerobic dige
Read moreOil and gas equipment supplier Pressure Technologies has diversified away from the deep water oil and gas market through the acquisition of the Hydratron group of companies. Hydratron is an international group that designs and manufactures a range of air operated high pressure hydraulic pumps, gas
Read morePressure Technologies created some excitement today as its equipment allowed the first gas produced from waste water to be injected directly into the National Gas Grid. The Sheffield-based oil and gas kit supplier's subsidiary Chesterfield BioGas (CBG) pumped the organically produced gas from Thame
Read moreLONDON (Dow Jones)--Pressure Technologies PLC (PRES.LN), the holding company for Chesterfield Special Cylinders Ltd, said Monday Chesterfield has won orders from BAE Systems PLC (BA.LN) to supply high pressure air cylinders for the fifth Astute Class submarine currently being built at Barrow-in-Furn
Read moreFootsie finished with good gains as mining stocks enjoyed a boost from higher metals prices. Mining companies Kazakhmys, Vedanta and BHP Billiton went well but it was silver and gold miner Fresnillo that led the way on rumours that the company is under the bid microscope. BP's slide continues. Th
Read moreExpectations of a firm start on Wall Street and a paring of the morning's losses suffered by BP enabled the Footsie to extend its rise over the lunchtime session. Mining companies are enjoying a lift from stronger metals prices. Kazakhmys, Vedanta and BHP Billiton are all going well but it is silve
Read moreEngineers are going well, with Weir leading the way. The company, which supplies products and services to the mining, oil & gas and power generation sectors, said trading for the nine weeks to 4 June has been stronger than expected, with order output for the 22-week period up 25%. It also confirmed
Read moreBarely a dozen of the FTSE 100's constituents finished the morning in the red but the blue-chip index's advance was less than convincing, largely due BP being on the end of another battering. The oil disaster in the Gulf of Mexico has now cost BP £1.1bn ($1.6bn) and the pressure on the oil giant is
Read moreSheffield based oil and gas equipment supplier Pressure Technologies said it was on track to meet full year expectations despite a decline in half year profit. The group's forward order book, while much reduced, stretches into early 2011 and it starts the second half the financial year with orders
Read moreLONDON (Dow Jones)--Pressure Technologies PLC (PRES.LN), a holding company for Chesterfield Special Cylinders Ltd. which manufactures and offers retesting and refurbishment services for speciality high pressure, seamless steel gas cylinders for energy and defense markets, Monday reported a 38% decli
Read moreShares in MobilityOne jumped after the electronic payments group said it had raised £365,000 through a placing 'for general capital purposes.' Shares in Baltic Oil Terminals, which has port operations for the shipment of oil in the Russian territory of Kaliningrad, jumped after it said had agreed t
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