88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) has now begun drilling the hotly anticipated Hickory-1 exploration well on Alaska’s North Slope.
The well, located on a site in a licence adjacent to Pantheon Resources discoveries, is targeting six potential reservoir zones for a combined prospective target of some 647mln barrels of oil.
IXICO PLC (AIM:IXI, OTC:PHYOF) said it has won a £700,000 contract to provide MRI imaging services for patient selection and efficacy analysis for a phase 1/2 trial in people with a rare form of dementia.
The trial deploys an innovative gene therapy approach and is expected to last for just over four years, IXICO added.
Castillo Copper Ltd (ASX:CCZ, LSE:CCZ) has posted half-year results to end 31 December 2022 showing a loss of A$626,000 (A$782,000). Cash at the period end amounted to A$3.85mln. Castillo is exploring for copper in eastern Australia and Zambia.
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF)has announced the resignation of Maria Charash, a director of the company, since June 3, 2021, to pursue other opportunities.