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UK smallcap opening - Leed Petroleum up on Eugene Island update

Date : 05/06/2008 @ 08:31
Source : TFN
Stock : Island Oil & Gas (IOG)
Quote : 11.5  0.0 (0.00%) @ 07:43
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UK smallcap opening - Leed Petroleum up on Eugene Island update

        LONDON (Thomson Financial) - Buyers came for Leed Petroleum, 6 pence up at
55-1/2 pence, following news that the company has encountered two additional pay
sands at the Eugene Island A-7 well, Gulf of Mexico.
     Again on the upside, Synchronica edged up 0.75 of a penny to 6.375 pence
after the mobile email and synchronisation specialist revealed a worldwide
licensing agreement with a Chinese consumer electronics and handset manufacturer
for its push email and synchronisation software Mobile Gateway.
    Synchronica will receive a revenue share of 20 percent of all revenues
earned by the manufacturer for the service, with a minimum of $1.00 per handset
per year. 
     Back with the explorers, Lansdowne Oil & Gas moved ahead 3 pence to 30-1/2
pence as the company granted a farm-in option to Island Expro, an Island Oil &
Gas unit, over the Prospective Old Head Gas Trend in Licence 4/07.


   
tf.TFN-Europe_newsdesk@thomsonreuters.com
fjb/slm

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