UK 03:34 Friday, 30 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Underground coal gasification (UCG) and North Sea gas play Cluff Natural Resources (CLNR) has called for drastic changes in the planning regime for UCG projects and in the tax treatment of exploration for resources in the UK North Sea. The AIM-quoted company, with licences in Scotland, north-west England and Wales, wants to establish a pilot UCG plant at Kincardine in the the Firth of Forth and is seeking partners to drill two appraisal gas wells in licences in the north-western Lytham Field ‘at no cost to ourselves’, having reduced interim losses nearly 8% to £745,000.
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