Small caps round-up: Dominion Petroleum, Urals Energy, RSM Tenon...

10th Nov 2010 12:25

Shares in Dominion Petroleum jumped after the oil group said it had completed a seismic survey at Block 7 in deep-water area of Tanzania. 'We are extremely excited by what we already know about Block 7 and early results from the 3D support the drilling of Block 7, perhaps next year depending on rig availability,' the company said.Russia-focused oil explorer Urals Energy gushed ahead after saying drilling of the side track well 35b at the island of Sakhalin of Russia's east coast has been completed. Final flow rates will be announced next week.Trading during the first quarter at accountancy firm RSM Tenon is in line with market expectations for the full-year to 30 June 2011 and remains on track to deliver cost savings."As anticipated, trading reflects a greater weighting of profits towards the second half of the year than usual," it said. "This is the combined result of integration timing, further investment in the Recovery service line and the effect of government announcements on seasonal buying patterns."A consortium led by construction and property consultancy firm Cyril Sweett hs been selected as the preferred bidder for the hub North Territory in Scotland. "Through Alba Community Partnerships, we will work with a further 18 public sector organisations in Scotland, delivering community facilities and services that provide a real benefit to the people of the North Territory," chief executive Dean Webster said. Assets owned by investment trust Gresham House were up to £34.97m as at 30 September, up from £34.74m at the end of June. The value of its securities portfolio was up a little to £10.4m from £10.1m in June and the property portfolio was unchanged at £24.6m.