Aim Bulletin
Egdon Resources' Springs Road well 'ahead of schedule'
Egdon Resources climbed on Friday after IGas Energy said operations at Springs Road-1, in which Egdon holds 14. 5% interest, are "progressing well".
James Latham buys Irish timber merchant Abbey Woods
James Latham has bought Irish timber merchant Abbey Woods for up to €2. 6bn.
Jonathon Reeve retiring from board of Oxford Metrics
Software company Oxford Metrics announced on Friday that non-executive director Jonathon Reeve had informed the board of his wish to retire from the company.
Yew Grove snaps up Ireland office block
Real estate investment trust Yew Grove said it had bought a two-storey office block in the Cork Airport Business Park, Ireland for €7. 5m, representing a net initial yield of 7. 85%.
88 Energy says spud of Winx-1 is imminent
Oil and gas company 88 Energy updated the market on its oil and gas operations on the North Slope of Alaska on Friday, reporting that at Winx-1, the spud was on schedule for 15 February Alaska time, with the final preparations now underway.
Coro Energy unconcerned by Italy exploration changes
Coro Energy updated the market on its production and exploration licenses located in the Republic of Italy on Thursday, following the introduction of the country’s Sustainable Energy Bill earlier in the week.
Powerhouse Energy shares soar on DMG process interest
Clean energy technology outfit Powerhouse Energy shares rose sharply on Friday as the company said it saw a significant increase in interest of its waste-to-hydrogen DMG process.
GAN highlights growth in New Jersey gambling market
Gambling software provider GAN updated the market on Friday, following the publication of internet gaming and internet sports betting financial information for the calendar month of January in New Jersey by the state’s Division of Gaming Enforcement.
React Group falls as highers fees wipe away profits
React Group shares dropped on Friday after the company reported a widened loss on the back of one-off restructuring and administrative fees after the business severed administrative ties with its previous owner, Autoclenz.
Polarean Imaging enters contract with University of British Columbia
Medical imaging technology company Polarean Imaging has entered into a contract for the procurement of its latest polariser system by the University of British Columbia, it announced on Friday, following the conclusion of UBC's procurement process.
President Energy sees decent uptick in Argentina reserves
South America-focussed upstream oil and gas company President Energy announced its new independently certified hydrocarbon reserves report on its assets in Argentina on Friday, reporting that as at 31 December its net 1P and 2P reserves in the Neuquén Basin increased over the previous year by 82% and 41% respectively, to 8. 1MMboe and 11. 4MMboe.
Patisserie Holdings sells Baker & Spice for £2.5m
Patisserie Holdings - the parent company of Patisserie Valerie - has sold its deli and bakery chain, Baker & Spice, to the Department of Coffee & Social Affairs for £2. 5m.
Global Petroleum reassures shareholders over Italy hydrocarbons review
Global Petroleum updated shareholders on Friday, following the Italian government’s proposed suspension of all hydrocarbon exploration activities, including permit applications , for a period of 18 months.
Adept4's 'challenging' year sees losses widen as revenues stutter
Adept4 shares dipped on Friday after the company reported a widened loss on the back of reduced revenue, increased cost of sales and administrative expenses.
Angus Energy raises £2.2m in placing
Angus Energy has placed, subject to admission to trading on AIM, 55 million new ordinary shares with existing, new and institutional shareholders at a price of 4p per share, it announced on Friday, to raise gross proceeds of £2. 2m.
Eddie Stobart names Kang as next CFO
Transport and logistics outfit Eddie Stobart tapped Anoop Kang to replace Damien Harte as chief financial officer on Friday.