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Maestrano Group PLC heads south after contract delay

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A look at some of the major movers in London on Monday
The company operates an artificial intelligence platform that analyses transport issues said the quarter (Jan – Mar) was affected by a “major weather event” in Australia that delayed acceptance for airframes delivered to the Australian Government.
The revenue will now be recognised in the current quarter.
11.50am: Pantheon plunges as drilling results disappoint
Pantheon Resources PLC (LON:PANR) fell from the heights, crashing 45% to 21.55p after announcing drilling results from the Talitha #A well in Alaska.
The market was unimpressed at the intermittent flow rate of up to 100 barrels of oil per day, which Pantheon conceded was a disappointing rate. ....

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Small Cap Wrap - Imperial X, Kibo Energy, Globalworth Real Estate and more...

Small Cap Wrap - Imperial X, Kibo Energy, Globalworth Real Estate and more.
Further to the Company s announcement on 14 April, noting the announcement by CPI Property Group S.A. and Aroundtown SA of a firm intention to make a cash offer for the Company, the Company has formed an independent committee of the Board in order to evaluate the Offer.
19 April 2021

Dish of the day
Advance Energy (LON:ADV) completed an RTO on AIM indirectly acquiring of 50% of Carnarvon Petroleum Timor which holds a 100 per cent. working interest and is the contractor under the Buffalo PSC, offshore Timor-Leste. Carnarvon Petroleum Timor is a subsidiary of ASX listed company, Carnarvon Petroleum Limited. The net proceeds of the Placing of approximately £20.01m (approximately US$27.51m) will be used to fund the Acquisition. Due 19 April. ....

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Wildcat Petroleum PLC working on blockchain-based monetisation option for oil reserves

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A look at some of the major movers in London on Monday
Wildcat Petroleum PLC (LON:WCAT) jumped 10% to 3.3p after Crown Energy AB got on board concerning a potential initial coin offering.
Wildcat is working on a proprietary and innovative model to monetise hydrocarbon blocks based on Blockchain Technology. The model is currently in development and hopefully, by the end of 2021, the final version will be launched.
Crown Energy has oil blocks in Madagascar, South Africa, and Iraq. These blocks potentially contain 2.5 billion of barrels of oil equivalent of prospective and contingent oil resources. The two parties believe there may be scope to tokenise these prospective oil resources. ....

United States , United Kingdom , South Africa , Cape Town , Western Cape , City Of , Western Australia , Steve Curtis , Glyn Rees , Louis Castro , Neil Obrien , Felicity Sartain , Remote Monitored Systems , Rocket League , Gas Ltd , Directa Plus , Maestrano Group , First Development Resources Pty Ltd , Siris Capital Group , Caledonia Mining Corp , Pantheon Resources , Metal Tiger , Tomco Energy , Bushveld Minerals Ltd , Live Company Group , Mosman Oil ,