Resource round-up: Sound Oil, Victoria Oil & Gas, Max Petroleum
1st Oct 2012 14:06
Sound Oil jumped 16% after it said received approval key environmental approvals from regional authorities in Italy to re-start gas production at its Rapagnano field. It is expected that the final approval from the Italian Ministry of Economic Development will follow in a month, the firm said. Ope
Read moreResources round-up: Berkeley Mining, Victoria Oil and Gas, EMED Mining
9th Jul 2012 09:15
Berkeley Mining Resources dropped 8% after it failed to complete due diligence on two copper tailing clusters at Chingola in Zambia. The company recently signed an agreement on one site in the area and investors had hoped a deal on the other two would be forthcoming. Berkeley said it continued to n
Read moreBBA Aviation boss jettisons incentive plan shares
3rd Apr 2012 16:02
Shares in aviation support service group BBA Aviation are a few pence off their 52-week high, so it was not a bad time for Group Chief Executive Simon Pryce to get shot of a pile of shares awarded under the firm's long term incentive and bonus plans. Pryce jettisoned 323,613 shares at 215.55p each
Read moreVictoria Oil and Gas makes first commercial gas delivery
20th Dec 2011 08:52
Shares in Victoria Oil and Gas (VOG) were given a boost after the firm's flagship Logbaba site delivered its first commercial gas production on schedule. The firm's wholly owned subsidiary made the delivery to customers on the Magzi Industrial Estate in Douala, Cameroon, on 17 December. VOG's Exe
Read moreVictoria Oil and Gas prepares to make first sales
29th Nov 2011 08:43
Victoria Oil and Gas (VOG), the AIM listed exploration company with assets in Cameroon and the former Soviet Union, says it is on track to make its first gas sales by the end of 2011. The production facilities at its Logbaba site, which will treat the gas from the wellheads and separate condensate,
Read morePremier Foods director spoons up more shares
11th Nov 2011 10:43
Bob Spooner, group operations director of Premier Foods, has served himself £13,350 worth of shares, just days after the struggling firm was given a bit of breathing space by its bankers. The bankers have agreed to defer the company's end-of-year loan covenant tests by three months, in a move which
Read moreVictoria Oil ready to produce
28th Oct 2011 08:13
Victoria Oil and Gas, which has interests in Africa and Siberia, narrowed its operating losses from $5.9m to $4.3m for the year ended 31 May. Loss before and after tax narrowed to $4.70m from $6.11m the year before. This equated to a loss per share of 0.26c, significantly lower than at the same
Read moreVictoria Oil & Gas raises £9.5m
27th Sep 2011 13:19
Victoria Oil and Gas, which has interests in Africa and Siberia, has raised £9.5m through the placing of more than 292m new ordinary shares at 3.25p each. The funds generated by the share issue will be used to complete the development of the Logbaba gas project in Cameroon following the increase i
Read moreVictoria Oil & Gas boasts "very good" results
9th Sep 2011 11:57
Victoria Oil and Gas reported "very good" results at its Logbaba gas and gas condensate project in Cameroon. The firm also said that its resource estimates for its oil and gas project in Russia have increased. The share price rose almost 10% after the group made the announcement, in which it said
Read moreVictoria goes loco in Logbaba
11th Aug 2011 08:42
Victoria Oil and Gas, which has interests in Africa and Siberia, has increased its stake in the Logbaba gas project in Cameroon. The acquisition of part of a royalty interest from PR Marriott Drilling has cost it $2.5m in cash and $1m in drilling equipment, with a further $2.5m to be paid within 90
Read moreVictoria Oil & Gas takes over Cameroon gas field
19th Jul 2011 11:42
Victoria Oil & Gas (VOG), the AIM quoted oil and gas company, said it had taken almost full control of a gas field in Cameroon after its partner failed to make payments under a cash call agreement. VOG said it had increased its effective working interest in the Logbaba field in Douala, Cameroon, to
Read moreSmall caps round-up: WH Ireland, Norseman Gold, Geong...
28th Feb 2011 14:40
Stockbroker WH Ireland made pre-tax loss of £0.3m in the 12 months to November, much less than the £2.1m deficit reported the year before. Turnover fell 25% to £18.4m, but the new financial year has started well, in line with the firm's internal budget and much better than for the previous year.
Read moreSmall caps round-up: Victoria Oil & Gas, OHM, Melrose ...
28th Feb 2011 13:58
Shares in Victoria Oil & Gas jumped after it announced that an exploitation decree in Cameroon which should result in the company's first gas sales within five months is "imminent." The announcement came as Victoria, which does not yet accrue revenues, said pre-tax losses in the six months to 30 No
Read moreSmall caps round-up: Anite, Victoria Oil, DiamondCorp ...
8th Nov 2010 10:34
Anite, the wireless equipment tester and provider of management software to the travel sector, expects its first half results to exceed expectations after some deals in its wireless division were concluded earlier than anticipated. However, given that the deals were expected to conclude in the seco
Read moreSmall caps round-up: DQ Entertainment, Mwana Africa, Nighthawk...
20th Oct 2010 13:23
Shares in DQ Entertainment, the entertainment production and distribution company, moved a step closer to their 52-week high Wednesday morning after the announcement of a deal with Noga Communications, Israel's leading independent television content producer and broadcaster. Noga has acquired the I
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