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The Markets
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The Markets
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Proactive news snapshot: Stobart Group, Anglo Pacific, Thor Mining, Falcon Oil & Gas...

A glance at some of the day's highlights from the Proactive Investors newswire

Stobart Group Ltd (LON:STOB) has reshuffled its board, as the Southend Airport owner had promised after seeing off a shareholder rebellion at last month’s annual general meeting.

Anglo Pacific Group PLC (LON:APF) has reported increased earnings in the first half of its financial year, boosted by a record showing from its Maracás Menchen mine in Brazil.

The latest definitive feasibility study (DFS) for Thor Mining PLC’s (LON:THR) Molyhil project in Australia projects revenue in excess of A$500mln over seven years. BP Jan

Shefa Yamim ATM (LON:SEFA) has started talks with jewellery designers over a branded range. The Israel-focused gemstone miner wants to build a vertically integrated exploration, development, mining, design and marketing business.

Falcon Oil & Gas Ltd (LON:FOG) revealed on Thursday that is in a strong financial position to advance its projects. The oil and gas company ended the first six months of the year debt free with cash of US$7.7mln.

Aminex plc (LON:AEX) told investors that it is preparing for the drilling of the Chikumbi-1 (CH-1) well in Tanzania.It will be a follow-up to the successful wells of the Ntorya project, with CH-1 located up-dip from both the Ntorya-1 and Ntorya-2 wells.

United Oil & Gas Plc (LON:UOG) told investors that talks with potential partners can now start, as its new North Sea asset awards have now been confirmed. “Confirmation of the award enables us to pursue farm-out discussions with potential partners with whom we can work to take these licences forward,” said Brian Larkin, United chief executive.

Block Energy Plc (LON:BLOE) told investors that it is on-track for the start of a phase three work programme which will aim to scale up production in Georgia. The programme, due to start in the near-term, will target production growth up to 900 barrels of oil per day within 18 to 24 months.

Amur Minerals Corp. (LON:AMC) has issued 3,766,649 new ordinary shares of no par value of the company to Cuart Investments PCC Ltd and YA II PN Ltd in settlement of US$165,101 of principal and accrued interest.

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