Dish of the day
Glantus Holdings (AIM:GLAN) a provider of accounts payable automation and analytics solutions, has joined AIM. It is focusing on three product areas; Active AP Discovery, Intelligent AP Automation and Advanced AP Analytics, it utilises its internally developed data platform to offer an integrated solution for the finance function, accounts payable in particular. These solutions are offered to over 300 customers, more than 50 of which Glantus classifies as large enterprises. From 2019 to 2020 Revenues increased over 150% to EUR8.5m. 89% of 2020 revenues were recurring made up of a combination of subscriptions and transactional revenues. Issue price 102p raising £10m gross with £4m secondary. Mkt Cap £37m.
London open: Stocks slide on US inflation fears
Tue, 11th May 2021 08:23
(Sharecast News) - London stocks slid in early trade on Tuesday, taking their cue from a US tech selloff overnight as US inflation fears rattled markets.
At 0840 BST, the FTSE 100 was down 1.8% at 6,997.99.
Spreadex analyst Connor Campbell said: A late collapse from the Nasdaq led to a nasty session for the Nikkei led to a really rough start for Europe on Tuesday. The tech slide not only gave the Nasdaq its worst day since March but prevented the Dow Jones from closing above 35,000 for the first time in its history.
May 11, 2021 A tender process for the drilling rig is nearing completion, with the requirement for a suitable jack-up rig to be available in the fourth quarter of this year, Carnarvon said. / Illustration only - Credit: Danial/AdobeStock
The tender process for an offshore drilling rig to be used for the drilling of Carnarvon Petroleum s and Advance Energy s Buffalo offshore well in the Timor Sea is nearing completion, and the spud date is scheduled for the fourth quarter of 2021, the companies said Tuesday.
Advance Energy recently paid US$20 million to acquire a 50% interest in the Buffalo PSC. The cash will be utilized for the drilling of the shallow water Buffalo-10 well offshore Timor-Leste. This also means the drilling will be at no cost to Carnarvon unless the well costs more than US$20m.
Advance Energy (LON:ADV) presenting at the Proactive One2One Virtual Forum
Advance Energy (LON:ADV) presenting at the Proactive One2One Virtual Forum
Advance Energy (LON:ADV) presenting at the Proactive One2One Virtual Forum
29th April 2021
The Company was originally incorporated in September 2006 and announced its launch as Advance Energy in February 2020 with a new Board and strategy. The first transaction of this new strategy was the acquisition of a 50% interest in the Buffalo Oil Field in East Timor operated by Carnarvon Petroleum, a proven producing field with 2C contingent resources of 34 MMstb, and potential for gross peak production rate of 40,000 bopd based on the field’s previous production performance. The Company’s main focus is now on growth through acquisition or farm-in to non-operated interests in upstream projects where there is an opportunity to add significant value in the short to medium term.
Australia: Shearwater commences Archer 3D survey for Santos and Carnarvon JV in the Bedout Sub-basin offshore Australia
28 Apr 2021
Archer 3D seismic survey recently commenced
Archer 3D to cover the Dorado field and the exploration potential to the south west of Dorado
The Keraudren Extension 3D surveywill be acquired after the Archer 3D survey is complete
Shearwater Geo Coral vessel has arrived at location and has commenced acquisition of the
Archer 3D. WA
-541-
P joint venture, with an alternative azimuth to the current Capreolus and Keraudren 3D datasets, most particularly over the Dorado
field. This 3D dataset will complement those two already existing datasets with support for Dorado development planning to ensure optimum well placement for maximum productivity. A fast-track processed volume of the Archer 3D will be available for interpretation later in 2021.