PANR.LSE▲
EMV Capital buys Rotterdam plastics plant; Pantheon sees 25% Kodiak uplift
EMV Capital has acquired a Rotterdam plastics recycling plant for an undisclosed price through its new subsidiary Winalot, with plans to retrofit new technology and restart operations within around 18 months. Pantheon Resources said new seismic work could lift its Kodiak oil resource estimate by at least 25%, with ten parties still active in the data room as farm-out talks continue. MP Evans Group said its rising palm oil harvest carried into the second half after a record first half, with gross profit up 25% and the interim dividend up 39%. Cerillion warned full-year revenue will fall short of expectations after customer orders were delayed, guiding to between £46 million and £48 million. Hardide landed a first production order worth around $1.9 million for its new second-generation components from a North American energy sector customer, while Touchstone Exploration mobilised a rig for a two-well drilling campaign at its WD-4 block in Trinidad, with gas output at its Cascadura field also climbing steadily.