Economic and Market News for 27 December 2018
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27 Dec
10:12Anglo African Oil & Gas strikes oil at its Tilapia licenceAnglo African Oil & Gas said Thursday it had struck oil at its Tilapia licence in the Republic of Congo. The Tilapia licence in the Republic of the Congo intersected the Mengo horizon during...
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27 Dec
09:06Mortice profits hurt by currency movements, weak growth in UK divisionMortice, a facilities and security management company, said Thursday first-half profits were hurt by adverse currency movements and weak growth in its UK business. For the six months ended 30...
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27 Dec
08:54Faroe Petroleum says no hydrocarbons found at Cassidy wellOil and gas company Faroe Petroleum said Thursday no hydrocarbons had been found at the Cassidy well. The well was drilled to a measured depth of 3,100 metres using the Mærsk Interceptor rig and...
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27 Dec
08:45Upland Resources spuds Wick wellUpland Resources said Thursday it had spudded its Wick exploration well earlier this week. The company said that drilling of the Wick exploration well had commenced at 00:45 hrs on 25 December....
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27 Dec
08:40Georgia Healthcare Group's insurance business wins two contractsGeorgia Healthcare Group's medical insurance business on Thursday won two large tenders, retaining the country's largest insurance client the Ministry of Internal Affairs, and the Ministry of...
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27 Dec
08:28Tern's Device Authority wins five year contract worth more than $1mInternet of Things investment company Tern said Thursday its portfolio company Device Authority had won a five year contract with a 'leading' medical device manufacturer to deliver a security...
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27 Dec
08:14WANdisco wins $0.7m contract with 'major' American managed healthcare companyLiveData company WANdisco said Thursday it had won a $0.7m contract with a 'major' American managed healthcare company. The agreement, secured through its OEM sales partnership with IBM, would...
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27 Dec
08:07Palintest rolls out Molendotech bath water testing kit, Frontier IP saysFrontier IP said Thursday that Palintest had started commercial roll out of a bath water testing kit dubbed Siren. The commercial roll out of Siren, based on technology developed by portfolio...
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27 Dec
07:59Evraz says no decision yet made on possible options concerning Sibuglemet's coal assetsEvraz said Thursday it had yet to make a decision on possible options concerning the coal assets of Sibuglemet despite recent press reports speculating a potential tie up of assets was in the...
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27 Dec
07:38Bango warns annual earnings will fall short of expectationsMobile commerce group Bango said Thursday annual earnings would fall short of market expectations despite annual end user spend expected to more than double. Earnings (EBITDA) would be positive...
