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 Organic OilLONDON (Thomson Financial) - UK small caps were firmer in earlytrade, mirroring the wider market's rally, with Global Gaming tothe fore amid talk that an oil producer deal is on the cards. The FTSE Small Cap index stood 2.10 points up at 3,047.30 by 9.03am, while the FTSE 100 was 12.90 ahead at 5,840.20. Shares in Global Gaming Technologies, which is seeking to broadenits search for acquisitions beyond the gambling sector, soared 78percent -- or 0.175 of a penny to 0.4 of a penny -- after the DailyExpress reported that heavy trading on Tuesday had fuelledspeculation that an oil producer deal is in the pipeline. First Property Group also attracted support and rose 2-3/4 pence to23-3/4 as the AIM-listed property services group disclosed bumperfull-year results, ramped up the dividend and said it looks to 2009with confidence. And better levels were seen in Stagecoach Theatre Arts, 8 pence upat 71-1/2 pence, after the company said it expects full-year pretaxprofits to be significantly ahead of the current market estimatesdue to more school openings than forecast and continued reductionin overheads. NetStore, too, was a bright spot, climbing 3-1/2 pence to 30-3/4pence after the provider of IT managed services confirmed it is intalks which may or may not lead to an offer being made for thecompany. Shares in Imaginatik, a provider of collaborative innovation andproblem-solving software and processes, ticked up half a penny to5-1/4 pence as traders warmed to narrowing full-year losses, whileChapelthorpe, the industrial products maker, moved ahead 1-3/4pence to 22 pence for the same reason. Elsewhere, Bezant Resources put on 4-1/2 pence, at 62-1/2 pence,following news of large copper-gold intersection at the company'sManakayan project. And Rift Oil made modest headway, firming 1/4 of a penny to 7-1/4pence, as the market responded to the company's agreement withNorway-based Flex LNG to work together to commercialise potentialgas reserves from Rift's acreage onshore Papua New Guinea, shouldsufficient reserves be established. Solid progress was registered in Cape, 12 pence higher at 262-1/2pence, as the provider of support services to the energy andnatural resources sectors reported strong organic growth in allinternational markets with activity levels at record highs acrossthe group. Meanwhile, the company is on track to reduce debt levels during theyear by not less than 30 million pounds. Ormonde Mining edged up half a penny to 12-3/4 pence afterrevealing highly encouraging results at Spain's Barruecopardoproject. Away from the winners, Toronto-listed Caspian Energy plunged 40percent -- or 9 pence to just 13-1/2 pence -- as initial testresults from the Baktygaryn 703 well in Kazakhstan found noreservoir quality rocks at target depth. The company will continueto drill to up to 2,500 metres before making a decision on thewell, however. Serabi Mining provided another tale of woe, sliding 3-1/2 pence to17-1/4 pence after the company warned full-year production for 2008is unlikely to be greater than 34,000 gold equivalent ounces, asfirst-half production fell short of forecast levels due toequipment delays and breakdowns. Again on the downside, SCS Upholstery dropped 9-3/4 pence to 19-1/2pence after the specialist sofa retailer warned it has lost creditinsurance facilities with one company, affecting the workingcapital facilities of some of its principal suppliers. 'ScS is in discussions with each of the suppliers affected and iscontinuing to trade with them in the normal course of businesswhilst various financing options are being reviewed,' it said. Finally, fund-raising moves brought out the sellers in JohnsonService Group, one penny adrift at 22-3/4. It plans a conditionalplacing of 150 million new shares at 20 pence, to raise 30 millionpounds and an open offer to raise 10 million pounds. Neither the Subscriber nor Thomson Financial News warrants thecompleteness or accuracy of the Service or the suitability of theService as a trading aid and neither accepts any liability forlosses howsoever incurred. The content on this site, includingnews, quotes, data and other information, is provided by ThomsonFinancial News and its third party content providers for yourpersonal information only, and neither Thomson Financial News norits third party content providers shall be liable for any errors,inaccuracies or delays in content, or for any actions taken inreliance thereon.