Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) told investors it has successfully drilled the Itumbula West-1 well to its total depth of 961 meters, with the well encountering elevated helium shows described as “over twenty times the background levels”.
These gas shows were observered whilst drilling through the Lake Beds formation along with the Red Sandstone Group, Karoo Group, and Basement targets.
Diversified Energy Company PLC (LSE:DEC, NYSE:DEC), in a statement addressing the movements of its share price, said it is aware of a report published by a short seller, which according to the company contains inaccuracies and misrepresents its financial and operational performance.
The report aims to negatively impact DEC’s share price for the benefit of the short seller, the company claimed via its stock market statement.
Plexus Holdings PLC (AIM:POS) has confirmed receipt of the US$5.2 million due from its landmark licensing agreement with SLB, the energy technology group.
In a progress report, the well-head technology group said the deal marked a significant milestone, as well as providing commercial validation for its proprietary POS-GRIP technology.
Mosman Oil and Gas Limited has announced what is described as a sensible minor amendment to its partnership with Greenvale Gas in Australia.
The company, updating investors on its EP145 asset, told investors that the amendment extends the right to terminate the agreement from 31 January to 30 March 2024, acknowledging the ongoing approval process for the proposed transaction that was announced in October.