Shares in Tangiers Petroleum had a stunning start to the week, up almost 60%, after an independent resource report underlined the huge unconventional oil potential of its Project Icewine acreage on Alaska’s North Slope.
Horizon Discovery Group (LON:HZD) said 2014 revenues will be some 7% ahead of forecast and 77% up on the year earlier, boosted by increased demand for its services and contributions from two recent acquisitions.
This year should see a step up in StratMin Global Resource's (LON:STGR) production in Madagascar, reckons broker Northland, which rates the shares 'buy'.
Meanwhile, Mosman’s (LON:MSMN) capture of MEO Australia (ASX:MEO) would represent “one of the most significant coups by any company on any exchange”, according to City broker SP Angel.
TV-on-the-go specialist Motive Television (LON:MTV) is to integrate Google’s Chromecast technology into its TabletTV apps.
Victoria Oil & Gas’s (LON:VOG) contract to supply gas to new power stations at Bassa and Logbaba is progressing ahead of schedule, with the pipeline at the boundaries of both facilities.
Jubilee Platinum (LON:JLP) and major Hernic Ferrochrome are to explore the establishment of a new chrome tailings retreatment operation in South Africa.
India-focused Oilex (LON:OEX) has received government endorsement for the sale of gas to the local market from its Cambay-77H well.
China Nonferrous Gold (LON:CNG) non-exec director Abuali Ismatov sold on January 16 485,000 shares at an average price of 28.55 pence each, the firm said today. Following the disposal, he owns 6.615 mln company shares, representing 1.73% of the capital.
Sunrise Resources (LON:SRES) has raised £210,000 through a placing of shares to finance the exploration of its projects in Australia and Nevada.