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The Markets
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Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
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Archive

Proactive Oil and Gas highlights: Chariot, Sunda, Pantheon...

Chariot Ltd (AIM:CHAR, OTC:OIGLF) told investors that the Anchois-3 ‘pilot hole’, which tested a potential extension of the field’s resources was unsuccessful – it has now been plugged, and the programme has now moved on to the main appraisal hole as planned

Operations are now progressing in the 'main hole' appraisal sidetrack, according to the well’s original design.

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Sunda Energy PLC (AIM:SNDA) highlighted progress through what was a period of significant change, as it reported on the six months ended 30 June.

Specifically, the company highlighted the progress in its gas exploration activities in Timor-Leste where it holds a 40% interest in the Chuditch Production Sharing Contract (PSC).

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Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF) told investors it is advancing preparations for the Megrez-1 exploration well, expected to spud next quarter.

The well will be drilled from a gravel pad adjacent to the Dalton Highway on Alaska's North Slope, offering year-round operational capabilities, unlike traditional ice pads, which are constrained by the winter season.

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