London stocks close firm as overseas takeovers excite
London shares closed near to their session highs on Monday, as overseas takeover trends excited investors
Company
LON:SOU
Sound Energy PLC is a transition energy focused business. The company's Micro LNG project aims to bring much-needed gas supply to Morocco, reducing the reliance on imported LPG, and playing an important role in the transition to lower carbon energy sources. Gas is also planned to be sold to local power stations via pipeline links, and surplus gas may be sold into the Greater Middle East, displacing the reliance on coal.
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London shares closed near to their session highs on Monday, as overseas takeover trends excited investors
Mirada’s pipeline continues to grow; LGO sees its reserve and resource estimates rise; Europa has some positive news and its recently acquired licences; plus much more…
The price of a barrel of Brent crude declined 2.1% to US$46.61
The FTSE 100 was up 26.76 points at 6,696 by lunchtime
Cancer drug company Tiziana acquires bio-repository assets from Shardna SpA
Sound Energy's Moroccan expansion is showing early signs of success.
Investments and investor services
The market was encouraged by Tissue Regenix with the stock advancing 16% over the last five trading days.
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The weekly round up of oil sector news from the world of Proactive.
London shares closed on Monday at their highest level in exactly eleven months, feeding off Wall Street’s record levels
Epistem formally changes its name, a double dose of good news for Tissue Regenix and Sound Energy's Tendrara project 'above expectations'.
The FTSE 100 Index climbed 55.17 points while M&A talk involving AstraZeneca re-emerged
IG Design Group buys US home décor and lifestyle product supplier Lang Companies
Chief executive James Parsons said he was absolutely delighted to report the "early and potentially very material success".
Investments and investor services
The FTSE 100 Index climbed 10.68 points to 6601.32 while the FTSE 250 rose 119.76 points to 16297.51
A round up of all the oil related headlines from the world of Proactive.
Leni Gas Cub shareholders unanimously approve reverse take-over bid, StratMin Global Resources enters into a conditional sale and purchase agreement with Bass Metals and progress at Rare EarthSonora lithium project in Mexico is going well.
It's an ill wind and all that ... AB Foods said that thanks to sterling's collapse, it no longer expects a decline in adjusted EPS this year
A look at some share price winners and losers on Thursday
Sound Energy received a non-binding expression of interest from Oil & Gas Investment Fund
He has over 25 years' experience in the oil and gas industry and was chief operating officer at Galp Energia for three years