Touchstone Exploration Inc (AIM:TXP, TSX:TXP, OTC:PBEGF) said it has noted the possible rival offer for Trinity Exploration from Lease Operators.
In a statement, it added that the new approach is a "conditional, non-binding, indicative proposal" subject to due diligence.
88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) told investors it has completed the 2D seismic acquisition programme onshore Namibia.
The program, which covered 203 line-kms, in the Owambo Basin, was completed on time and within budget.
Mosman Oil and Gas Ltd (AIM:MSMN) has increased its working interest in the Vecta helium project to 20%.
The company acquired an additional 10% interest from Vecta Oil and Gas, issuing shares worth approximately US$587,000.
Deltic Energy PLC (AIM:DELT) announced the mobilisation of the Valaris 123 drill rig for the Selene well.
It was mobilized on 21 July and is expected to arrive shortly at the Selene location in the Southern North Sea.
Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF) has delivered what it described as highly encouraging production testing results from its latest well at the Paradox project, in Utah, where initial rates reached a peak of 1,350 barrels oil equivalent per day.
The company, in a statement, said it had completed the initial phase of the production test on the State 36-2R well, which demonstrated high reservoir deliverability.
Pennpetro Energy PLC (LSE:PPP) shares jumped more than 30% ahead of new well drilling, which is now expected to start in a matter of weeks.
The junior oil and gas company, in a statement, told investors that Houston-based firm J&J Drilling International had been hired to drill the planned wells in Gonzales County, east Texas.
Woodside Energy Group Ltd (ASX:WDS, LSE:WDS, OTC:WOPEF) has unveiled a $900 million deal to expand its LNG business, acquiring Tellurian and its primary project Driftwood LNG.
Driftwood is a fully-permitted LNG development project in the United States, located in Lake Charles, Louisiana, with a planned capacity of 27.6 Mtpa.
Europa Oil & Gas (Holdings) Plc (AIM:EOG) told investors it has identified an additional 716 billion cubic feet of unrisked Prospective Resources on the EG-08 block, in the Douala Basin offshore Equatorial Guinea.
It increases the project’s prospective resources to 2.11 trillion cubic feet.
Chariot Ltd (AIM:CHAR, OTC:OIGLF) has raised £5 million ($6.4 million) of new equity, as it looks to secure a new venture “with multi-billion barrel potential”.
“We have identified a priority target which if successfully secured, would bring material scale to our portfolio and we look forward to providing updates on these developments as soon as we are able to,” chief executive Adonis Pouroulis told investors.
HeLIX Exploration PLC (AIM:HEX) has begun the crucial 'civils' work ahead of its first two wells along the Montana helium fairway - the first of which is slated for early next month.
Drill pad construction should take place 'relatively quickly' following the construction of a drill pad.