Ithaca & Lochard fall on news of delay
9th Dec 2011 12:57
Both Ithaca and Lochard, AIM-listed oil firms, fell on news that one of its Athena project has had to be slightly delayed. The project, a floating production, storage and offloading (FPSO) vessel, which is the responsibility of BW Offshore, has proven to be more extensive than was originally envis
Read moreIthaca ups reserves estimate
26th Apr 2011 08:21
Ithaca Energy, the Canadian oil and gas firm focused on the North Sea, said Challenger Minerals (CMI) is to pay a share of the costs of the initial well on the Hurricane discovery, as part of an earn-in agreement. The Hurricane discovery is in block 29/10b within the Ithaca operated Greater Stella
Read moreIthaca sticks with full year production target despite delays
7th Apr 2011 17:07
North Sea oil and gas explorer Ithaca Energy said combined sales for the first quarter of 2011 totalled 314,340 barrels of oil equivalent (boe), net to Ithaca. Average net sales were 3,493 boe per day, some 20% below the net average daily target for first quarter due, as the company has previously
Read moreSmall caps: CNC, Ithaca, Paragon Diamonds...
25th Mar 2011 17:51
Precision engineering specialist CNC Technology saw profits fell 17% last year to £2.32m, but the second half was much stronger. Sales fell 2% to £12.6m. "Trading conditions in the defence sector remain strong and we continue driving some of our products into military equipment aimed at countering
Read moreNorth Sea production boost for Ithaca
29th Dec 2010 11:45
Oil and gas explorer and producer Ithaca Energy Inc says that its UK subsidiary has more than doubled production from its second workover well on Beatrice Alpha. The stable production from the workover well has increased 115% to approximately 560 barrels of oil per day (bopd) gross. That exceeds m
Read moreBrooks seven pocket £2.2m
24th Sep 2010 17:02
All seven executive directors of wealth management firm Brooks Macdonald have taken advantage of the share price more than doubling over the past year to reduce their shareholdings. They all sold shares at 895.5p each and raised £2.21m in total. The shares are 133% higher than one year ago. Inv
Read moreSmall caps round-up: Ariana Resources, Michelmersh, ReNeuron...
12th Jul 2010 08:31
Shares in Ariana Resources rallied after the Turkey-focused gold miner announces the completion of its joint venture agreement with Proccea to develop the Red Rabbit Project in western Turkey. The group said results from the recent resource drilling programme are expected shortly. Managing directo
Read moreUK SMALLCAP ROUNDUP: Diploma Earnings To Beat Market Views
8th 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 DIPLOMA PLC (DPLM.LN), a supplier of technical products like hydraulic seals and wiring for control systems, Thursday said it expects fiscal-year earning
Read moreUK SMALLCAP ROUNDUP: Connaught's CEO, Finance Director Resign
8th 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 CONNAUGHT PLC (CNT.LN), a U.K. support services firm, Thursday said its chief executive and finance director have resigned from their roles, a week after
Read moreUPDATE: Ithaca Energy Fully Funded After Raising C$158 Mln
8th Jul 2010 12:08
(Adds executive comment and detail.) By Rachael Gormley and Jason Douglas Of DOW JONES NEWSWIRES LONDON (Dow Jones)--North Sea-focused oil and gas company Ithaca Energy Inc. (IAE.V) Thursday said it now has enough money to bring its Stella, Harrier and Hurricane projects into production
Read moreUK SMALLCAP ROUNDUP: JJB Sports Posts Six-Week Sales Leap
8th Jul 2010 09:30
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 JJB SPORTS PLC (JJB.LN), a U.K. sportswear retailer, said sales at its stores open more than a year rose 22.3% in the six weeks to July 4, adding a trial
Read moreIthaca Energy Secures C$158M Financing To Fund Projects
8th Jul 2010 07:29
LONDON (Dow Jones)--North Sea-focused oil and gas company Ithaca Energy Inc. (IAE.V) Thursday said it has agreed C$158 million of financing which, along with its existing debt facility, will fully fund all of its current projects through to first production. The proceeds are planned to be used t
Read moreSmall caps round-up: Ithaca, Ambrian Capital, Providence...
6th Jul 2010 12:07
Oil and gas firm Ithaca Energy said it increased production throughout the second quarter of 2010 and remains on target to achieve forecast 2010 production levels. Production in the second quarter averaged 10,217 barrels of oil per day, a 17% improvement over first quarter production. Stockbroker
Read moreUK SMALLCAP ROUNDUP: RM Revenue Threat From UK Spending Cut
6th Jul 2010 09:30
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 RM PLC (RM.LN), a provider of educational products and services, Tuesday said GBP200 million of future revenue is under threat from the U.K. government's
Read moreIthaca Energy 2Q Oil Production Up On Beatrice, Jacky Fields
6th Jul 2010 07:49
LONDON (Dow Jones)--North Sea-focused oil and gas company Ithaca Energy Inc. (IAE.V) Tuesday reported increasing production throughout the second quarter as the Beatrice field came back online after an outage in the first quarter and its Jacky field performed above its own expectations. Ithaca
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