UK small caps open firmer; Tersus Energy strong on HT Blade update

STOCKWATCH BP rises after profits beat forecast; Seymour keeps 'outperform'STOCKWATCH HBOS higher after it launches plans for 4 bln pound rights issueSTOCKWATCH St James's Place dips on Q1 trading update; FinnCap stays 'hold'

Metals - Copper falls ahead of Fed decision but low inventory limits losses

STOCKWATCH Cadbury Schweppes up post Mars-Wrigley deal; Collins Stewart positive

STOCKWATCH Friends Provident up as Q1 sales rise; Panmure says 'buy'

BROKERWATCH Experian started 'buy' at ABN Amro; price target 435 penceMetals - Gold falls in cautious trade ahead of Fed decision UPDATE

London shares - mid-morning features

Metals - Copper falls ahead of Fed decision; low inventory limits losses UPDATE

STOCKWATCH ITE rises on Siberian exhibition buy; brokers positive

London shares - midday features

STOCKWATCH Taylor Nelson rises on GfK merger talks; Investec lifts tgt UPDATE

YESTERDAY'S "UPS" IVE doing well today after news earlier

IVE 3.10 - 3.20p +0.50p

Irvine says review confirms 10.25 bcfe gas reserves at Niobrara

LONDON (Thomson Financial) - Irvine Energy Plc. said the first independent
reserve and resources audit has confirmed 10.25 billion cubic feet gas
equivalent (bcfe) reported in P1-P3 reserves categories in the areas currently
covered with 3D seismic and the Niobrara.
Irvine, which started production at the Niobrara oil and gas project in
Kansas, United States, on Monday, said its total P1, P2 and P3 reserve numbers
are in line with its internal estimates for the areas evaluated.
The AIM-listed oil and gas exploration company said ten wells are now
pumping with a total of 16 wells expected to be producing by early May. All
wells are producing at or above expected rates, the company said.
Irvine said development of a further 40 undrilled well locations at Niobrara
will start following the stabilisation of production from the initial 20 wells.
The company also said that the independent review has raised the contingent
resource at its Oklahoma project by 49 percent, to 238 billion cubic feet (bcf),
from Irvine's original 159 bcf estimate.
Irvine holds a 50 percent working interest in the Niobrara project

UK small caps fall in midday trade; Vigilant Technology drops on placingPrecious Metals Summary - London AM Fixings

Midday Market Roundup

BROKERWATCH Lufthansa downgraded to 'hold' from 'buy' by Citigroup

STOCKWATCH Taylor Nelson up on GfK merger talks; Investec upgrades 'buy' UPDATE

Metals - Gold lower ahead of Fed decision

BROKERWATCH Pearson kept 'underperform' at Credit Suisse, Reed 'outperform'

Metals - Copper down ahead of Fed decision; commodities plunge

BROKERWATCH Drax cut to 'underperform' by Cazenove; ups fair value estimate