As we head into the Bank Holiday weekend, we were all reminded that while spring may have, in theory, sprung, we are very much still subject to the whims of the notorious UK weather. Having seen a flurry of snow and Liberal amounts of sunshine this week alone, we’re preparing ourselves for all four seasons this weekend. In the Brief this Week….
Andalas Energy and Power (ADL) was re-admitted to trading on AIM following its farm-in to the Tuba Obi East concession in Indonesia; Atlas African Industries (AAI) released its results for the 18 months ended 31 December 2015 highlighting its transformational move into the industrial and manufacturing sector; Challenger Acquisitions (CHAL) is well-positioned for growth following transformational acquisitions, highlighted in its final results this week; DekelOil (DKL) is on track to refinance senior debt on improved terms following record palm oil production at its Project in Cote d’Ivoire; Falcon Acquisitions‘ (FAL) final results reiterate it remains focused on entering the exciting and prospective OTT market through its first acquisition; Highlands Natural Resources (HNR) reported new project acquisition and on the strong progress being made to commercialise its OT Ultravert Technology alongside Schlumberger and following this, was trading 40% higher than its placing price this week after raising over £500k to fund them through 2017; Keras Resources (KRS) successfully delivered its second gold ore batch at the Grants Patch Tribute Project in Australia; Northcote Energy (NCT) elected to acquire a 3.75% interest in Andalas’ Concession in Indonesia; Plexus (POS) raised US$5 million and is accelerating its entry into Russia’s major oil and gas production wellhead equipment market; while Tlou Energy (TLOU) published a quarterly report that highlights it has achieved sustained gas flows at its Lesedi CBM Project in Botswana.
LSE Share Talk are delighted to have Highlands Natural Resources on Share Talk today, a company which is focused on delivering value to shareholders by capitalising on the current oil and gas climate to acquire prospective oil and gas acreage and technology.
Since listing in March 2015, the Company has acquired 75% of the patent filings for DT Ultravert, a technology which has the potential to represent a breakthrough for the oil and gas industry, and a range of assets in the USA. Robert Price, who is significantly aligned with shareholders through a 40% shareholding, is here to tell us more.
Minister for Cabinet Office Matt Hancock gave a speech on the potential of blockchain technology to transform the way government works.
King’s Cross has certainly changed a bit in the last few years. Regeneration and investment has radically revitalised this part of London, and it’s exciting to see the results.
If you were to climb up on the roof, you’d probably be able to see the Emirates Stadium just up the road. And just beyond that, Stoke Newington, another area regenerated, which began life as the end-point of the New River, an artificial waterway built in the 1600s to bring fresh water from Hertfordshire down to central London.
On 26 April, the British Government hosted its first blockchain partnership event. The event brought together industry, academia and government to talk about blockchain technology and how it could help improve citizens’ lives.
The focus of the day was to identify and explore potential applications of blockchain, ranging from the tracking of products through a supply chain to providing a clear and accessible record of how public money is spent.
There was huge enthusiasm about blockchain technology and the potential it offers to deliver services in completely new ways. There was also a healthy understanding of where we should not use this technology – it’s not a silver bullet and in a number of circumstances we identified other technical solutions that would meet user needs.