North Lincolnshire’s planning officer has recommended that local councillors approve planning consent for the development of the Wressle oil field, in which Union Jack Oil PLC (LON:UJO) and Europa Oil & Gas (Holdings) PLC (LON:EOG) have sizeable stakes.
Bluejay Mining PLC (LON:JAY) has updated on the progress of its environmental and social impact assessments as work on its pre-feasibility study at the Dundas Ilmenite project in Greenland.
OptiBiotix Health plc (LON:OPTI) said it has signed a distribution agreement for its cholesterol and blood pressure reducing LPLDL bacteria strain in Greece and Cyprus. The unnamed local partner for CholBiome was chosen for its customer network, which also covers the Middle East, and its track record of promoting and developing products. It also has access to a number of international clinics.
Directa Plus PLC (AIM: DCTA), a producer and supplier of graphene-based products, said it has made good progress in the second half of 2018. In a brief trading update, the company said it was confident of achieving consensus market estimates for the full year, including revenues of €2.3mln.
Red Rock Resources PLC (LON:RRR) shares rose on Thursday after it said it is proceeding to completion of a joint venture (JV) for the development of cobalt and copper assets in the Democratic Republic of Congo (DRC).
Active Energy Group PLC (LON:AEG) bosses have hit back at an article in a local Canadian newspaper which suggested that local authorities have yet to issue the firm with timber permits. Earlier this week, Active said it had received approval from the Ministry of Fisheries and Land Resources of the Crown Province of Newfoundland and Labrador for the issue of two five-year commercial timber permits.
Higher oil prices are starting to feed through into the performance of rig operator ADES International PLC (LON:ADES). The last three months was a strong quarter said Mohamed Farouk, chief executive. Utilisation rates rose to 83% helped also by the acquisition of three jack-up rigs from Nabors.
US Oil & Gas PLC said it remains intent on seeking a stock exchange listing but said work on the Eblana-3 well remains the priority.
Feedback PLC (LON:FDBK), the specialist medical imaging technology company, announced that its operating company, Feedback Medical Ltd, has retained its ISO 13485:2016 certification for the fourth consecutive year.
Oriole Resources PLC (LON:ORR), the AIM-quoted exploration company operating in Africa and Europe, has said it will be attending this year's Mines and Money Conference in London on 27-29 November. The group said management will be available to speak with investors at the company's stand, C23, throughout the event and CEO Tim Livesey will be competing in the Africa Pitch Battle Session at 13:00 on 27 November.
Ariana Resources PLC (LON:ARS), the gold exploration, development and production company in Turkey, said that, due to unforeseen travel arrangements, its Shareholder Evening, Presentation and Q&A session will now take place on 29 November 2018 at 6:00 p.m., at Hilton, Angel Islington, 53 Upper Street, London, N1 0UY.