logo-loader
Proactive Group

Union Jack's Biscathorpe-2 well 'much more promising than previously indicated'

Top stories from the Proactive Investors UK newsroom.

Union Jack Oil (LON:UJO) has welcomed a review of the Biscathorpe-2 well in Lincolnshire, which has shown it to be much better than previously thought. The analysis highlights the presence of a 35 metre column of good quality oil and proximity to an effective petroleum system.

Ceres Power (LON:CWR) and Doosan are to work together to develop a Solid Oxide Fuel Cell power system, for the commercial building market in South Korea.  The agreement's worth £8mln to Ceres over two years.

YellowCake (LON:YCA) has welcomed the decision by US President Donald Trump to implement no new trade restrictions on uranium imports into the US.

Sports Direct has delayed its results by a month for the year to end April while its auditor collects more information on issues that could materially affect the guidance given last December. 

Facebook is said to be facing a US$5bn fine for data privacy violations, according to reports over the weekend. US authorities have been investigating the social media over the Cambridge Analytica scandal and improper use of Facebook users data.

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: hVIVO PLC's 2020 pipeline 'looking strong' as it expands...

hVIVO PLC's (LON:HVO) executive chairman Trevor Phillips tells Proactive London's Andrew Scott the business is now better positioned to be profitable next year. The creator of pioneering human disease models based upon viral challenge generated revenues of £5.9mln in the six months ended June...

13 hours, 33 minutes ago

2 min read