HeLIX Exploration PLC (AIM:HEX) says its Linda #1 well is flowing at nearly double the expected rates with no help needed. CEO Bo Sears called it one of the best results he’s seen in 30 years of drilling.
Europa Oil & Gas (Holdings) Plc (AIM:EOG) has secured $500,000 in a revenue swap deal tied to the Wressle 1 well. The cash will help fund new wells and gas infrastructure, with a Cloughton planning decision expected by July.
ATOME PLC (AIM:ATOM) is branching into solar power with a new division aimed at easing grid pressure in crypto-heavy Paraguay. Chairman Peter Levine says Villeta is still the top priority, with work progressing behind the scenes.
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) has released its 2024 ESG report, with solar now covering 20% of its energy needs. A new maternity shelter and high school lab were also delivered near the Blanket Mine in Zimbabwe.