Hydrodec Refinery Achieves Milestone; MX Oil Weighs Land Investment
January 07 2016 - 7:59AM
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HYDRODEC GROUP PLC (HYR.LN), a cleantech industrial oil
re-refining group, said its Canton re-refinery in Ohio, U.S. has
achieved a significant milestone.
At 1223 GMT shares were up 0.6 pence, or 23%, at 3.4 pence.
MX Oil PLC (MXO.LN), an oil group, said it plans to commission
an independent report on the investment potential of four land
contract areas that were awarded by the Mexican government to its
joint venture there.
Shares -0.3 pence, or 16%, at 1.7 pence.
FERREXPO PLC (FXPO.LN), an iron-ore pellet producer, reported
record high annual iron ore output last year, even as the price for
the commodity tumbled to multi-year lows.
Shares -1.8 pence, or 7.8%, at 20.8 pence.
PENNA CONSULTING PLC (PNA.LN), a public relations company, said
it materially increased its profit expectations for the year to
March 31.
Shares +22.5 pence, or 8%, at 305 pence.
MOBILE STREAMS PLC (MOS.LN), a mobile media company, said the
effect of the recent Argentine peso devaluation has had a negative
impact on the company's balance sheet and profit and loss
account.
Shares -1.5 pence, or 19%, at 6.5 pence.
CLUFF NATURAL RESOURCES PLC (CLNR.LN), an energy firm, said it
plans to attract partners to tap the full production potential of
its oil and gas assets in the North Sea as it works with its
partner HALLIBURTON CO. (HAL) to identify drill targets.
Shares -0.4 pence, or 12%, at 2.9 pence.
FTSE Small-Cap -1.3%
AIM -1.3%
Write to Jana Simmons and Alex MacDonald at
uksmallcaps@wsj.com
(END) Dow Jones Newswires
January 07, 2016 07:44 ET (12:44 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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