88 Energy Limited (LON:88E, ASX:88E) said it is ready re-start flow testing its latest well on Alaska’s North Slope as it confirmed it had increased its landholding in the area.
Work on the Icewine-2 well was suspended for six weeks to allow pressure to build and imbibition (soaking) to occur.
Over in Douala, Victoria Oil & Gas plc (LON:VOG) gas well on the outskirts of Cameroon’s second city is expected to be a “significant” producer, according to the company’s chief executive Ahmet Dik.
His comments accompanied a drilling update in which it was confirmed La-107 had successfully reached its target depth of 3,180 metres.
Elsewhere, Greatland Gold plc (LON:GGP) announced that regional targeting across its Paterson project area in Western Australia has highlighted the potential for a new iron oxide copper gold ore (ICOG) district.
In a statement, the AIM-listed firm said approximately fifty IOCG targets have been identified by the company in the broader region, with around half located in ground held by Greatland.
Wolf Minerals PLC (LON:WLFE, ASX:WLF) is making progress in its ambition not to be a noisy neighbour down in Devon.
In an operational update on its Hemerdon tungsten and tin project, the company said it is making progress on the implementation of a turnaround plan, designed to achieve a sustainable production platform by the final quarter of the year.
Clinigen Group PLC (LON:CLIN) has confirmed it is in talks with fellow AIM-listed speciality pharma Quantum Pharma PLC (LON:QP.) regarding a potential takeover offer.
Like Quantum said yesterday, Clinigen told investors that the ‘indicative proposal’ is non-binding and is subject to “material preconditions” including customary due diligence.
A sharp rise in revenues helped Capital Drilling Ltd (LON:CAPD) to return to profitability in the first half of the year.
The drilling solutions firm saw revenues for the six months ended 30 June jump 49% to US$62.3mln (H1 2016: US$41.7mln) which helped it swing to a post-tax profit of US$2.6mln (H1 2016: Loss of US$0.8mln).
In other news, driver fatigue monitoring technology firm Seeing Machines Limited (LON:SEE) is to hook-up with car safety specialist Autoliv in the field of autonomous vehicles.
Medical services and software company Flying Brands Ltd (LON:FBDU) expects to receive the first prototype for its Stone Checker kidney stones medical imaging software next month.
Once Flying Brands has successfully evaluated the product, it will make a start on the necessary regulatory work in order to get CE mark and FDA approval for Stone Checker.
Shares in Kromek Group PLC (LON:KMK) opened 3.6% higher after the radiation technology company announced a new five-year contract from an existing customer.
Elsewhere, VinaCapital Vietnam Opportunity Fund Limited (LON:VOF) has announced that, following consultations with the major shareholders and advisers, it has decided to amend its dividend policy and, with immediate effect, intends that to pay a dividend twice per year.
The group said that normally the dividend pay-out will be declared in March and October, although exceptionally today it made a separate announcement declaring its first interim dividend of 4.8 US cents per share.
And finally, Thor Mining PLC (LON:THR) (ASX:THR) has announced “very positive” preliminary results over 27.4 metres from the first drill hole at the Good Hope deposit at the company's wholly-owned Pilot Mountain tungsten project in Nevada.