Tullow’s (LON:TLW) 'first oil' from the Jubilee field in Ghana was the key highlight of its 2010 full-year results, and the company thinks the new oil field could reach a 120,000 barrel a day run-rate in 2011.
Lloyds (LON:LLOY) said that group executive director for insurance and Scotland Archie Kane and group executive director for retail Helen Weir will retire from the group and will not seek e-election as a directors at the group's annual general meeting on 18 May 2011.
Restaurant Group (LON:RTN) said that revenues in 2010 rose 7% to £466 million and EBITDA climbed 8% to £86 million.
Halma (LON:HLMA) has acquired Medicel AG together with its subsidiary Robutec GmbH, from Messrs Hohl and Dockhorn and financial shareholders. The initial cash consideration is CHF70.0 million (£46.6 million) and is adjustable, CHF for CHF, based on the level of net tangible assets at closing.
Thor Mining PLC (LON:THR, ASX:THR) has commenced a 65 hole rotary air blast (RAB) maiden drilling program at the Dundas gold project in Western Australia. The work is planned to last 10 days and is targeting a 6 square kilometre anomaly identified from surface sampling last year.
Synchronica (LON:SYNC, TSX-V:SYN) revealed today that a fourth top-10 handset manufacturer has certified its products to use the company’s instant messaging system. It sealed a similar agreement with a tier-one Latin American mobile phone operator in September, and said it expects to land further orders.
Frontier Mining (LON:FML) hopes to get a decision from the Kazakhstan government regarding its approval for the Coville Intercorp deal in the next few months. It initially agreed to buy-out its joint venture partner - to get full control of the Benkala copper project and to acquire Coville’s wholly-owned Maminskaya gold project - in early 2010. Since then it has been waiting for the Kazakhstan authorities to approve the deal.
Sports Direct (LON:SPD) confirmed this morning that none of its employees are under investigation by the Serious Fraud Office. It wraps up the long-running saga that has dogged the company and rival JJB Sports (LON:JJB).
Netherland Sewell & Associates said that Empyrean Energy’s (LON:EME) interest in the Sugarloaf oil and gas project in Texas could bring in future net revenues of up to US$179.7 million.
Range Resources (LON:RRL, ASX:RRS) said production on the Russell Bevly # 1 well at the North Chapman Ranch project in Texas has begun to stabilize following the successful fracture stimulation of the lower two pay zones, which was announced two weeks ago.
Shares in The TEG Group PLC (LON:TEG) were lifted by news it won a contract from the operating company responsible for waste management for the North London Waste Authority. London Waste Ltd (LWL) has awarded the group a contract to process mixed food and green waste for an initial 3-year term, commencing in April 2011, with an option to extend to April 2017. Financial details were not disclosed.
EnCore Oil (LON:EO) today reported on its activities in the second half of 2010 and revealed plans to spin out its exploration assets.
Physiomics (LON:PYC) said that trading conditions were difficult in the six months ended 31 December 2010, but it believes it is in a better place to exploit the market when it recovers.
Shares in NextGen Group PLC (LON:NGG) rose 11.5 percent on the news that its biomarker subsidiary NextGen Sciences Inc has completed its commercial reorganisation.
ECR Minerals PLC (LON:ECR, OTC:MTGDY) said the sale of its exclusive option over a 100 percent interest in the Copper Flat copper-molybdenum-gold-silver project in New Mexico, USA, to THEMAC Resources Group Ltd has now closed subject to final TSX Venture Exchange acceptance, which is expected shortly.