Victoria Oil & Gas La-106 Well Flowing Gas In Logbaba

22nd Jul 2010 07:43

LONDON (Dow Jones)--Victoria Oil & Gas PLC (VOG.LN) said Thursday that the second well, La-106 is flowing gas from the Lower Logbaba sand intervals in Cameroon, with first gas on schedule to customers in December 2010. MAIN FACTS: -Well currently being flared to clean-up ahead of testing

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Small caps: ACM Shipping, Victoria Oil, Tanzanite One.......

21st Apr 2010 15:03

Shipbroker ACM Shipping says that its full year figures will be "moderately ahead of current management expectations". Spot broking and revenues from sale and purchase of tankers are both particularly strong. The full year results will be published on 24 June. Edison Investment Research forecasts

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Small caps round-up: Beowulf, E2V, Mobile Doctors...

1st Mar 2010 11:04

Beowulf, owner of several exploration projects in Sweden, continues to believe in the commercial prospects for its asset portfolio which has increased in both quantity and quality as well as resource type. Losses grew to £520,000 in 2009 from £399,000 the year before, but it says future price tren

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Small Cap round-up: Headlam, Inspired Gaming, IQE...

19th Jan 2010 10:38

Floorings specialist Headlam's 2009 revenue reduced by 3.8% compared with the previous year, but a £12m currency benefit and full year contribution from Dutch business Silvester will mean earnings for 2009 are likely to be slightly ahead of market expectations. Headlam added that, overall, trading

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London close: More gains for FTSE 100

6th Jan 2010 16:34

It was another day of gains for the FTSE 100 after the leading share index hauled itself into the blue in afternoon trading. Marks & Spencer was among the stocks dragging Footsie lower and finished firmly in the red. It was not the numbers from the fashion and food retailer that upset the market s

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London afternoon: Leading shares mixed

6th Jan 2010 13:50

The list of Footsie constituents is now almost evenly split between risers and fallers but the blue-chip index remains in negative territory, weighed down by Marks & Spencer, which remains out of favour after a disappointing trading update. It was not the numbers from Marks & Spencer that upset th

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Small caps round-up: Sea Energy, Victoria Oil, Kefi Minerals...

6th Jan 2010 09:58

Shares in SeaEnergy climbed after the wind farm group said Moray Offshore Renewables, a joint venture that is 25% owned by its 80%-owned subsidiary Sea Energy Renewables, is expected to be awarded the right to develop wind power technology in northeast Scotland. Victoria Oil & Gas advanced after th

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Small caps round-up: Taihua, ZincOx Resources, Allied Healthcare......

18th Dec 2009 16:11

Chinese natural medicine ingredients supplier Taihua hopes to complete negotiations with potential European distributors of the Paclitaxel it produces by the end of March 2010. There are three pan-European distributors on the shortlist. Paclitaxel is an anti-cancer ingredient made from yew trees t

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Victoria Oil & Gas rallies on gas sands find

16th Nov 2009 10:14

Victoria Oil and Gas rallied on news that it has encountered 90 feet of gas sands at the Logbaba project in Cameroon. Well La-105 encountered approximately 90 feet of gross sandstone pay at depth of 6,030 feet. 'We are very pleased to have encountered our first gas sands at Logbaba. These could ul

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Small caps round-up: Horizonte Minerals,Biocompatibles, Highams...

28th Jul 2009 12:03

Shares in Horizonte Minerals, which mines for gold in Brazil and Peru, jumped after it gave a positive update on its Tangara gold project in Brazil. Drug-device combination products developer Biocompatibles has received a milestone payment after Eisai exercised its option to license Biocompatibles'

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Small caps round-up: MBL, Netplay, Playtech...

9th Jul 2009 08:17

Big profits and a maiden dividend have sent entertainment products distributor MBL charging higher Thursday. The supplier of CDs, DVDS and games reported a 42% hike in pre-tax profit for the year ended 31 March 2009 to £8.1m on revenue up 77.5% to £143.6m. Its major competitor, Entertainment UK, t

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Small caps round-up: Image Scan, Touchstone, Victoria Oil...

17th Jun 2009 08:19

Image Scan slumped Wednesday after a plunge in industrial revenue, due mainly to the weak car market, sent the X-ray imaging firm deeper into the red. It reported a pre-tax loss of £355,000 for the six months ended 31 March, up from £136,000 a year ago. Revenue fell to £743,000 from £1.1m in 2008.

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Small caps round-up: Eleco, Optos, Vernalis...

3rd Jun 2009 11:07

Construction components and software group Eleco said an anticipated improvement in market conditions has failed to materialise. In February, the firm said recent progress in order prospects for precast concrete activities offered grounds for cautious optimism that it would see an upturn in perform

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