Thursday broker round-up UPDATE
12th Sep 2013 09:01
African Minerals: Deutsche Bank cuts target price from 550p to 450p and retains a buy recommendation. Citi lowers target price from 380p to 320p keeping a buy recommendation. Aggreko: Deutsche Bank reduces target price from 2100p to 1870p, while staying with its buy recommendation. ARM Holdings: G
Read moreThalassa subsidiary to execute Ecuador seismic data contract
5th Jun 2013 10:30
AIM-listed seismic data company Thalassa has reported that, following completion of its first contract with Russian geological sea survey company Sevmorgeo (SMG), and its Ecuadorian subsidiary Sevmorgeo S.A., the company's subsidiary, WGP Energy Services, had signed a binding letter of intent to exe
Read moreThalassa raises gross proceeds of 5.4m pounds
12th Apr 2013 10:19
Thalassa, the AIM-listed seismic data company, has conditionally raised gross proceeds of approximately 5.4m pounds through a placing of 4.5m new ordinary shares of 0.01 dollars each in nominal value at a price of 120p per ordinary share. The company said that the net proceeds of the placing were
Read moreThalassa Holdings sees full-year revenue and net profit soar
26th Mar 2013 10:12
Thalassa Holdings saw 2012 revenue and profit soar following the completion of seismic surveys in the North Sea for BP and Spring Energy. Revenue rocketed by 477% to $14m from the previous year's $2.4m while operating profit grew 330% to $1.5m from $0.3m. Net profit was up 238% to $1.2m from $0.4
Read moreThalassa subsidiary secures lucrative contract with Sevmorgeo
22nd Mar 2013 09:38
WGP Energy Services, the subsidiary of AIM-listed Thalassa, has entered into a further agreement with Sevmorgeo S.A., a subsidiary of Joint Stock Company Sevmorgeo, a Russian geological sea survey company. The agreement is to supply node handling equipment and associated services as part of seismi
Read moreThalassa shares soar after WGP receives letter of intent from Statoil
27th Feb 2013 12:13
Shares in Thalassa, an AIM-listed holding company with a focus on marine seismic operations, soared on Wednesday after the company's subsidiary, WGP, received positive news on a seismic acquisition contract. Thalassa reported that WGP received and executed a letter of intent with Statoil ASA to pro
Read moreWednesday broker round-up UPDATE
27th Feb 2013 08:11
: Panmure Gordon reduces target price from 2159p to 1742p and reiterates its hold recommendation. Antofagasta: JP Morgan cuts target price from 1485p to 1400p, while retaining its overweight rating. Barclays: Numis raises target price from 351p to 400p and upgrades to buy. BT Group: UBS moves tar
Read moreThalassa subsidiary wins new deal
18th Jan 2013 13:11
Thalassa, an AIM-listed seismic data company, got a boost on Friday after announcing that its subsidiary, WGP Energy Services, has signed a deal with SMG Ecuador, the Ecuador business of State Sevmorgeo Company, and the Russian geological sea survey company. The contract has an initial value of $4
Read moreResources round-up: TomCo, Sunrise Resources, Weatherly,
23rd Oct 2012 16:28
TomCo Energy, the oil shale exploration and development company, rose 3.8% after it said it had commenced measures to secure the necessary approvals and permits required for commercial production at its Holliday Block in Utah. The firm said it was currently streamlining its corporate structure to fo
Read moreThalassa invests to grow
15th Jun 2012 09:09
Shares in seismic data company Thalassa jumped on Friday after it said it was investing in new equipment to cope with high demand. The firm said that in the year to date it had secured $15m of contracted revenues but further growth was being constrained by lack of hardware. The company is buying t
Read moreThalassa surveying huge rise in profits
11th Jun 2012 11:00
The seismic data company, Thalassa, has issued a big upgrade to its profit forecasts for 2012, on the back of a new technology joint venture and a growing order book. The partnership with WGP Group will see Thalassa offer technology that can produce low cost 3D seismic data with from small vessels,
Read moreThalassa Raises GBP0.15M In Private Placement To Buy Valhall Equipment
30th Jul 2010 14:21
LONDON (Dow Jones)--Thalassa Holdings Limited (THAL.LN) said Friday it has privately placed 500,000 ordinary shares of $0.01 each out of Treasury at a price of 30 pence per ordinary share raising gross proceeds of GBP150,000 to be used for the acquisition of equipment being used on the recent contra
Read moreThalassa Holdings Awarded Valhall Field Seismic Pact
11th Jun 2010 07:14
LONDON (Dow Jones)--Thalassa Holdings Limited (THAL.LN) said Friday that BP Norge AS and operating partners (Hess Norge AS, Norske Shell AS and Total Norge AS) of the Norwegian North Sea giant Valhall oilfield has contracted WGP to operate and Thalassa Energy Services Ltd to procure and supply the o
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