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Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPOView Video
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant
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Pin to quick picksZephyr Energy Share News (ZPHR)

Share Price Information for Zephyr Energy (ZPHR)

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Share Price: 5.55
Bid: 5.40
Ask: 5.70
Change: 0.35 (6.73%)
Spread: 0.30 (5.556%)
Open: 5.20
High: 5.60
Low: 5.20
Prev. Close: 5.20
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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.

More News
8 Mar 2023 17:01

Zephyr Energy to commence operations at 36-2 well following delays

(Alliance News) - Zephyr Energy PLC on Wednesday said operations at its 36-2 well will start in the coming weeks, following delays.

Read more
15 Feb 2023 16:15

Zephyr set to beat revenue forecasts for 2022

(Sharecast News) - Rocky Mountains oil and gas company Zephyr Energy reported a positive fourth quarter and full-year update on hydrocarbon production and cash flows from its non-operated portfolio in the Williston Basin of North Dakota on Wednesday.

Read more
15 Feb 2023 12:09

Zephyr Energy backs 2023 production guidance as revenue jumps in 2022

(Alliance News) - Zephyr Energy PLC on Wednesday reported a jump in quarterly revenue and sales volumes at Williston basin, located in the US state of North Dakota.

Read more
14 Feb 2023 14:21

IN BRIEF: Zephyr Energy hails successful operation on well at Paradox

Zephyr Energy PLC - London-based oil and gas exploration and production company - Says production casing operation is successful on the 36-2 LNW-CC well, located at Zephyr's project in the Paradox Basin, which is in Utah, US. The well has now been made fully safe, the company says. Plans to start production testing and potential completion of the fractured Cane Creek reservoir interval in the coming weeks, subject to service availability. Adds that production at the State 16-2 LN-CC remains ongoing as well.

Read more
10 Feb 2023 10:12

Zephyr completes acquisition of remaining stake in Paradox project

(Alliance News) - Zephyr Energy PLC on Friday said it completed the acquisition of the remaining 25% working interest in the White Sands unit, which lies in the Paradox basin in the US state of Utah.

Read more
19 Jan 2023 13:13

Zephyr shares up on substantial hydrocarbons at Paradox project

(Alliance News) - Zephyr Energy PLC shares were up on Thursday after it said it has suspended operations at its Paradox project following a "significant influx" of hydrocarbons.

Read more
21 Dec 2022 11:40

Zephyr Energy secures USD8 million loan after making two acquisitions

(Alliance News) - Zephyr Energy PLC on Wednesday said it acquired the remaining 25% working interest in the Paradox Basin in the US state of Utah, and a working interest in a further six wells in the Williston Basin in North Dakota.

Read more
21 Dec 2022 11:25

AIM WINNERS & LOSERS: Zephyr Energy rises on US acquisitions

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

Read more
9 Dec 2022 14:48

Zephyr Energy gets another $1m in research grant funding

(Sharecast News) - Rocky Mountains-focussed oil and gas company Zephyr Energy announced the signing of an amended cooperation agreement for an additional $1m in non-dilutive research grant funding on Friday.

Read more
9 Dec 2022 12:14

Zephyr Energy gains USD1.0 million grant from US Department of Energy

(Alliance News) - Zephyr Energy PLC on Friday announced that it had secured an additional USD1.0 million in non-dilutive research grant funding from the US Department of Energy.

Read more
1 Dec 2022 12:59

TRADING UPDATES: XLMedia, Mobile Streams and Windar win deals

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

Read more
21 Nov 2022 21:39

TRADING UPDATES: VSA Capital backs outlook; Zephyr starts drilling

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

Read more
15 Nov 2022 21:55

TRADING UPDATES: Zephyr Energy ups revenue outlook; Cap-XX wins order

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

Read more
11 Nov 2022 15:24

TRADING UPDATES: De La Rue defends chair; Resolute Mining fundraise

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

Read more
8 Nov 2022 14:12

IN BRIEF: Zephyr Energy mobilises rig following CWC Ironhand contract

Zephyr Energy PLC - Oil & gas exploration and development in US Rocky Mountains - Signs contract with CWC Ironhand Drilling for its Ironhand Rig 118. Will be used to drill the 36-2 LNW-CC well at Zephyr's project in the Paradox Basin, Utah. The rig will mobilise to site shortly. Zephyr expects the well to spud in the second half of November, and intends to set the conductor casing ahead of the rig's arrival.

Read more

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