Small Caps News
Petro Matad shares slide on eastern Mongolia update
Shares in Petro Matad were sliding on Thursday, after the company updated the market on operations on its Heron-1 production and Heron-2 well testing in eastern Mongolia’s Block XX.
Plexus wins $1m order from Middle East gas project
Wellhead engineering specialist Plexus Holdings announced a new order on Thursday, to supply its ‘Exact’ exploration wellhead equipment on a rental basis for an offshore gas exploration project in the Middle East.
PetroTal upbeat on strong third quarter
PetroTal reported a strong set of financial and operational results for the third quarter on Thursday, with production and sales of 15,203 barrels of oil per day and 14,760 daily barrels, respectively.
Lexington Gold enters collaboration with Gold One Africa
Lexington Gold announced an agreement with Gold One Africa on Thursday, to explore potential cooperation on gold exploration and development projects in South Africa.
Young’s says NI, minimum wage changes to add £11m in annual costs
Pub chain Young’s said on Thursday that changes to national insurance contributions and minimum wage announced in last month’s Budget would add around £11m in annual costs from next April.
Boohoo faces boardroom battle as losses balloon, raises £39m
Boohoo Group confirmed it had raised £39m on Thursday, after half-year losses at the fast fashion retailer swelled.