Now that Europa Oil & Gas (LON:EOG) owns all of the Frontier Exploration Licence 3/13, offshore Ireland, the value potentially attributable to the company for the asset amounts to US$7bn.
That’s the view of industry expert ERCE Equipoise, which has provided the company with an updated independent assessment of the asset.
Sticking in the oil space, Range Resources (LON:RRL, ASX:RRS) has updated its reserves statement for its blocks in Trinidad, except for the new licences at St Mary's and Guayaguayare.
Elsewhere, Anglo Pacific (LON:APF, TSX:APY) suggested its move from a premium listing to a standard listing could be behind the recent rise in the number of shares being traded.
In the healthcare world, drug discovery group Sareum Holdings (LON:SAR) says it's optimistic about next year with two planned in-human clinical trials for its lead cancer candidate expected to start in early 2016. Trinity Exploration’s (LON:TRIN) chief executive Joel "Monty" Pemberton has resigned from the Trinidad-focused oil group following the sale off its onshore assets.
University-backed tests have shown wearable tech company CloudTag's (LON:CTAG) heart rate technology is as near as damn it as good as hospital kit.
The personal health and fitness monitoring specialist announced the latest results from its independent user tests, carried out and verified in collaboration with the Human Performance Unit at the Centre for Sports and Exercise Science, University of Essex.
There were a lot of boardroom changes today, starting with Rightster (LON:RSTR), which is to bring in a new management team to reboot the fortunes of the YouTube video marketing specialist.
Meanwhile, Epistem's (LON:EHP) chief executive, as previously flagged, has now resigned from the company with effect from October 23.
In the mining space, Alexander Nubia (CVE:AAN) announced that A. Alexander Massoud is no longer president and chief executive of the Egypt focused mining group.
Conversely, African Potash (LON:AFPO), the exploration company focused on sub-Saharan potash assets, continued to bolster its board - with the appointment of another Africa specialist.
In other news, the future of Globo (LON:GBO) was thrown into doubt today as the mobile app developer revealed its chief executive had confirmed allegations that data and finances had been falsified.
It was also revealed today that Costis Papadimitrakopoulos, the group’s chief executive, had also sold almost two-thirds of his holding or more than 42mln shares in the days before the report was published.
Finally, Ferrochrome specialist International Ferro Metals (LON:IFL) said the previously announced business rescue plan for its South African operations is still on track to be published by November 30.
IFL put the subsidiary - IFMSA - into the equivalent of administration last month after a slide in ferrochrome prices pushed it into the red.