Corac Group News
17-04-2012
Corac, the engineering technology company, has risen sharply in morning trading after revealing reduced losses and emphasising the potential of its recent purchase of Wellman Hunt Graham and Wellman Defence. A new design for a modular compression system also appears to have boosted hopes for the firm.
11-08-2011
Corac, the maker of compressors used for natural gas extraction and plastic bottle blowing, saw losses narrow in the half year to 30 June as it received more technology development fees from partners.
18-04-2011
A round-up of the biggest director buys today so far.
04-04-2011
A round-up of the biggest director deals today so far.
28-03-2011
AIM-quoted Corac has signed a Memorandum of Understanding with a major player in the compressed air industry, which wants to develop Corac's no oil compressor technology for market niches.
01-02-2011
Shares in Active Energy rose by a tenth Tuesday after the group announced that new contract wins in January will generate revenues in excess of £400,000 for 2011.
17-12-2010
Corac admits that its two-week test programme for its downhole gas compressor system was not a complete success.
05-11-2010
Shares in compressed air technology developer Corac have lost more than one-quarter of their value after the company admitted that it wants to raise £20m.
25-08-2010
Shares in Caza Oil and Gas gushed ahead after it reported that its Matthys-McMillan well in Texas has been producing an average of 146 barrels of condensate and 1.1m cubic feet of natural gas a day since a 'fracture simulation' was performed on 18 August.
12-08-2010
Intellectual property and engineering group Corac said half year net losses widened as it re-organises the group around three main business streams.
05-07-2010
XP Power said the evolution of the group to an own brand/own manufactured business model is driving a significant improvement in performance, as control over the manufacturing process delivers both higher margins and more rapid customer response times.
29-04-2010
A round-up of the biggest director deals today so far.
28-04-2010
Oxford Metrics Group (OMG) rallied Wednesday after the image technology company flagged half-year revenue of £14.4m and predicted a pre-tax profit ahead of the market's current forecast for the full year.
11-11-2009
Shares in Corac slumped after the compressor technology specialist said the start of a field trial for a project to be conducted with the Italian oil and gas group Eni would be delayed until the second half of 2010 rather than the fourth quarter of 2009.
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