London afternoon: Footsie back above 5600
1st Oct 2010 14:56
The afternoon session has seen the Footsie advance confidently, almost regaining its high for the day which was hit shortly after 10:00am. A solid start by Wall Street on the back of better than expected spending data has helped sentiment this side of the pond. Oil giant BP is higher amid speculat
Read moreLeni plans enhanced oil recovery deal
1st Oct 2010 12:11
Leni Gas & Oil has entered into heads of agreement for a nitrogen enhanced oil recovery pilot project in Spain, which could increase recoverable reserves by one-third. There is a period of exclusivity where AIM-quoted Leni can negotiate a definitive agreement with Praxair Espana, the Spanish subsi
Read moreSmall caps round-up: Acta, Hampson, Leni Gas & Oil ...
20th Jul 2010 12:35
Clean energy products group Acta has signed an agreement to supply generators that produce clean hydrogen to Girelli Bruni, a company that installs equipment on forecourts of petrol stations in Italy. Aerospace group Hampson has appointed US national Norman Jordan, chairman and chief executive of L
Read moreLeni Gas & Oil GBP1.5M Raised By Placing 75M Shares At 2p/Share
20th Jul 2010 09:29
LONDON (Dow Jones)--Leni Gas and Oil PLC (LGO.LN), an oil and gas production company with assets in Spain, Trinidad, and Gulf of Mexico, said Tuesday that it has raised gross proceeds of GBP1.5 million in a placing to institutional investors of 75 million new ordinary shares of 0.05 pence each in th
Read moreLeni Gas & Oil Expands Acreage Position At US Gulf Coast
13th Jul 2010 10:37
LONDON (Dow Jones)--Leni Gas & Oil Plc (LGO.LN), an AIM listed international oil and gas production, development and exploration company, announced Tuesday an expansion of the acreage position in the U.S. Gulf Coast with the exercise completion of two new developments under terms of the Strategic Al
Read moreLeni Gas & Oil Spain Seismic Program With Ciuden Starts
28th Jun 2010 07:48
LONDON (Dow Jones)--Leni Gas & Oil PLC (LGO.LN), an oil and gas exploration, development and production company, Monday announces the start of a seismic survey and investigation program at the Hontomin oilfield location as part of the CIUDEN joint development program. MAIN FACTS: -Completed
Read moreLeni Gas & Oil: Impairment Charge Hits 2009 Profit >LGO.LN
14th Jun 2010 08:27
LONDON (Dow Jones)--Leni Gas & Oil PLC (LGO.L), a company which buys assets in the oil and gas sector, reported Monday a loss for 2009 of GBP2.1 million, due mainly to an impairment charge of GBP1.7 million relating to write-down of Hungary investments. MAIN FACTS: -Revenue for the year ende
Read moreSmall caps round-up: Leni Gas & Oil, Creat Resources, Southern Cross...
11th May 2010 14:37
Leni Gas & Oil has improved on news of a fresh development strategy for its Ayoluengo oilfield in Spain, as an increased understanding of the field "de-risks" future production expansion programs. Total STOIIP of the currently assessed prospects across the acreage which can be developed is 173.8 mi
Read moreOil cos. round-up: Europa, SOCO, Hardy ...
6th Apr 2010 08:15
Production at Europa Oil and Gas's Hykeham-1 well, which lies on the PEDL150 licence near Lincoln, has been bafflingly low. 'To date, the well has produced only small volumes of liquid and some gas. This result is completely incompatible with both the wireline log and geological data from the well
Read moreSmall caps round-up: All Leisure, Archial, Straight...
25th Jan 2010 09:59
Cruise operator All Leisure Group pointed to the recession, currency movements and fuel costs as it posted a fall in pre-tax profits in the year to October 2009 to £2.6m from £9.1m the previous year as revenues climbed to £73.6m from £67.5m. Shares in Archial jumped after the UK and Asia-focused ar
Read moreSmall caps round-up: Havelock Europa, Kryso, Max Petroleum...
17th Nov 2009 09:51
Shopfitter Havelock Europa has warned full-year results will likely miss forecasts following a 31% slump in order intake to £81m in the first ten months of 2009. "Whilst there is some encouragement from recent enquiry levels, revenue booked to date is running below forecast and it is unlikely that
Read moreSmall caps round-up: China Shoto, Resources in Insurance, Cello...
15th Sep 2009 13:52
Continued growth in the Chinese economy despite the global downturn helped China Shoto, which makes batteries for mobile phones, post a 41% rise in revenues in the half year to June 30. Pre-tax profits climbed to £6.4m from £4.4m over the same period the previous year as revenue rose to £96.5m from
Read moreSmall caps round-up: Cellcast, Haike, Real Good Food ...
9th Jun 2009 08:35
Cellcast, a provider of technology that allows TV images to be viewed on mobile phones, moved into profit in 2008 after cutting costs and lifting revenues. The firm posted a pre-tax profit of £180,000 for the year, compared to a £2.15m loss the previous year. Revenue climbed to £16m from £12m. The
Read moreSmall caps round-up: Leni Gas, Lipoxen, Mucklow...
13th May 2009 12:27
Leni Gas & Oil has boosted its presence in the Gulf of Mexico through the award of the grant of two new leases to Leed Petroleum and Byron Energy. Byron is an associate of Leni Gas and has an option to acquire 25% of the new Leed leases. Byron itself has also been granted four new leases in the Gu
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