UK 03:33 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.
North Sea-focused Cluff Natural Resources (CLNR) is understood to be poised to announce encouraging gas reserve figures for its licences in the southern North Sea’s Lytham Field. Steered by seasoned resources entrepreneur and former owner of the Spectator magazine Algy Cluff, the company, whose shares have fallen from a 12-month high of 4.87p to 3p on energy price weakness and delays to its underground coal gasification (UCG) project in Scotland, is thought by observers to have established potential reserves of more than 800 billion cubic feet, which could be worth between $20 million (£13.3 million) and $40 million.
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Comments
Barford
Surely material info like this if true should not be leaked prior release of an rns, I fully accept as a media site Shareprophets if they have reliable info are going to print.
But Material info should be released via rns so if it ‘leaked’ from within CLNR/advisors they should get their hands smacked by aim regulation!
I imagine this would be a promo estimation of reserves using technical data a so called ‘horsehill hype’ ramp.
Just my views…All the best
Tom Winnifrith
Robert is a jouurnalist so will not reveal his source but the job of a journalist is to break news not just report it. If this forces a statement well done RT
T
VINES
crap ramper says its set to announce Reserves, gives it big dollar value. news comes out but its only prospective resources, no dollar value
lenigas gets slammed for a honest mistake mixing up 2d and 3d seismic
crap writer lies about reserves and gets praised for it. double standards?
Barford
Yes good journalistick work RT, does that mean the chocolate teapots at Aim Reg have actually done some work today.
I’m sure RT should be congratulated on getting a statement released, unless other forces were at work of course hahahahaha.
All the best……
alcira16247
Robert
A line of thanks for your excellent scoop, that’s netted me a few extra quid in which to pay for my families Christmas festivities.
I always look forward to reading your well informed articles, after this one, with even more eager anticipation.
Thanks and regards