With the US presidential election approaching, a new piece of analysis from Peel Hunt has highlighted the potential impacts of a Trump or Harris administration on UK equities.
According to the investment bank, both candidates present a range of policies with mixed implications for the global economy, UK businesses, and certain high-exposure sectors.
Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF) said that its executive chairman and all non-executive directors have agreed to subscribe for a total of £55,480 worth of new ordinary shares in the Alaska-focused oil explorer.
The subscription will result in the issue and allotment of a total of 261,696 new ordinary shares at an issue price of £0.212 per share, the closing price on 30 October 2024.
Mosman Oil and Gas Ltd (AIM:MSMN) chief executive Andy Carroll hailed a “significant year” for the company, as it released its final results for the twelve months to 30 June 2024.
Carroll, who took the reins during the period, put the spotlight on the explorer's pivot to focus on helium and hydrogen opportunities.
88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) has announced the successful completion of its 2D seismic processing over Petroleum Exploration Licence 93 (PEL 93), located in the Owambo Basin, Namibia.
Initial analysis of the processed seismic data has validated potential leads previously identified using legacy datasets, 88 Energy said in a statement.
Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) told investors it has completed its acquisition of operated natural gas assets in East Texas, for a gross headline figure of $69 million.
The net price, after adjustments, was confirmed by the company as $49 million.
Helix Exploration PLC (AIM:HEX) has started drilling the Darwin-1 well at its Rudyard project, in Montana.
The drill operation is targeting ‘stacked’ reservoir structures within the Souris River and Dry Creek intervals, both of which are known for their helium potential.
Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF) has hired an American investor relations firm as it seeks to woo prospective US shareholders ahead of the next wave of progress at the AIM-quoted firm’s Alaskan oil and gas assets.
It has appointed MZ Group to lead its investor relations efforts in the US. The aim is to bolster the company's engagement with the North American investment community.
HeLIX Exploration PLC has completed road and drill pad construction at its Rudyard helium project in northern Montana, moving closer to appraisal drilling at the site.
The Treasure State Drilling Cardwell KB-150 rig is now in place, with work on the Darwin #1 well expected to start this week.