Pantheon Resources delayed by unexpected oil find
6th Nov 2015 16:24
(ShareCast News) - Shares in Pantheon Resources climbed towards a nine-year high as it unexpectedly struck oil at the second well it has drilled at an onshore East Texas property. During drilling operations at the AIM-listed company's VOS#1 well in Tyler County, which is owned by a 50%-owned Pantheo
Read morePantheon Resources surges after oil and gas flow from Texas well
28th Oct 2015 12:01
(ShareCast News) - US-focused oil explorer Pantheon Resources impressed with the "transformational" results of flow-testing from one of its 50%-owned well in Polk County, onshore East Texas, showing the potential for commercially viable extraction of gas and oil. The AIM-quoted company, which has 50
Read moreLondon close: Footsie sluggish as Ireland hogs limelight
17th Nov 2010 16:52
Footsie limped to a slightly higher finish on a sluggish day dominated by uncertainty over the Irish debt situation. Ireland appeared close to accepting a European bailout Wednesday ahead of a visit from European Union and International Monetary Fund experts the following day. The discussions shoul
Read moreLondon afternoon: Waiting for the dust to clear
17th Nov 2010 14:35
Investors continue to adopt a wait and see approach, biding their time until the Irish debt situation becomes clearer. UK economic news has been good, but not amazingly so. There was an unexpected fall in unemployment in October and a widely-anticipated three-way split in views on the Bank of Engla
Read moreSmall caps round-up: Pantheon, James Fisher, Mirland...
17th Nov 2010 13:17
Texas-focused oil explorer Pantheon Resources' loss for the year to September fell to £2.54m, from £3.05m last year, which included impairment charges of £1.4m for the abandonment of the Vision Rice University #1 well. Plans to drill a second well, Kara Farms #1, have been subject to a series of un
Read moreLondon close: Footsie left behind
30th Jul 2010 16:34
Footsie was the sick man of Europe at trading's close as it failed to sustain a recovery that followed a downward turn sparked by disappointing US economic data. US gross domestic product (GDP) data for the second quarter was disappointing. Inflation adjusted and seasonally adjusted gross domestic
Read moreUK SMALLCAP ROUNDUP: Cape Sees More Korean Engineer Contracts
30th Jul 2010 16:00
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps CAPE PLC (CIU.LN), an energy services company, expects a surge of new contracts in the Middle East and Australia after fostering relationships with a num
Read moreLondon afternoon: Shares knocked by US GDP
30th Jul 2010 13:59
The Footsie hit new lows in the aftermath of disappointing US gross domestic product (GDP) data for the second quarter. Inflation adjusted and seasonally adjusted gross domestic product rose at an annualised rate of 2.4% in the second quarter, a significant slow-down from the 3.7% annualised gain in
Read moreUK SMALLCAP ROUNDUP: Intl Personal Finance Issues EUR225M Bond
30th Jul 2010 12:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps INTERNATIONAL PERSONAL FINANCE PLC (IPF.LN) Friday announced its inaugural public bond issue, pricing EUR225 million five-year bonds at a fixed coupon o
Read moreSmall caps round-up: PetroLatina, Metminco, Berkeley Resources...
30th Jul 2010 11:10
Colombia-focused oil and gas group PetroLatina has raised $11.5m from a placing of shares at 40p each, with $10m bought by major shareholder Tribeca Oil & Gas Inc and the rest by a business linked to chief executive Juan Carlos Rodriguez. The fundraising, which will finance the ongoing work program
Read moreUK SMALLCAP ROUNDUP: Pantheon Resources' Well Drilling Delayed
30th Jul 2010 09:36
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps PANTHEON RESOURCES PLC (PANR.LN), an oil and gas explorer, Friday said drilling of the Kara Farms well in Tyler County, Texas, has been delayed because o
Read morePantheon Resources Says Drilling Kara Farms Well Delayed
30th Jul 2010 08:26
LONDON (Dow Jones)--Oil and gas explorer Pantheon Resources PLC (PANR.LN) Friday said drilling of the Kara Farms well in Tyler County, Texas, has been delayed because operator Vision Resources LLC couldn't get a suitable rig. The company, which has projects in the U.S. and U.K., said it estimate
Read moreSmall caps round-up: DM, China Goldmines, Management Consulting ...
8th Mar 2010 08:12
Scratch card and direct marketing firm DM posted record turnover and higher profits in the year to December 31 as it integrated two acquisitions. Turnover climbed by 40% from the previous year to £25.59m, while profit after tax 11% to £3.48m. 'Our strategy of making acquisitions, on favourable term
Read moreSmall caps round-up: Ceramic Fuel, Cosalt, e2v, ...
2nd Feb 2010 11:12
Alternative energy firm Ceramic Fuel Cells has won an order for its BlueGen power and heating unit from Kiwa Gas Technology in fthe Netherlands for delivery in the second quarter of 2010. The company also welcomed the government's unveiling of its feed-in tariffs for small scale low carbon electric
Read moreSmall caps round-up: Cluff Gold, D1 Oils, Jourdan...
8th Sep 2009 10:50
Cluff Gold, the West African focused gold mining company, announces the successful completion of the 7,000 metre drilling programme at Baomahun, its flagship gold project located in Sierra Leone. 'The results demonstrate the down dip continuity of mineralisation at grades and widths which the comp
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