88 Energy Limited (LON:88E) will retain a 30% working interest in Area A of the conventional Project Icewine acreage after clinching a farm-out agreement. Premier Oil PLC (LON:PMO) has signed a sale and purchase agreement with 88 Energy and Burgundy Xploration LLC to farm-in for a 60% interest in Area A, which is in the proven Alaska North Slope basin.
SDX Energy Plc (LON:SDX) reported a 9% rise in first-half production following successful drilling at the Meseda field and increased gas sales in Morocco.
Symphony Environmental Technologies PLC’s (LON:SYM) shares were higher on Thursday as its partner firm, Grupo Bimbo, announced the progress of its biodegradable packaging programme using Symphony’s d2w plastic technology.
Tlou Energy Limited (LON:TLOU) told investors that the Lesedi 3 and Lesedi 4 production pods have now both achieved sustained gas flow rates.
IronRidge Resources Limited (LON:IRR) has held a meeting with Volkswagen to present its lithium project in Ghana to the German car company.
Capital Drilling Limited (LON:CAPD), which leases drilling rigs to mining companies, said the recent upsurge in the gold price is good news for the company.
i3 Energy PLC (LON:I3E) said the drilling had begun on its Liberator Field, off the coast of Aberdeen.
Medical technology company IXICO PLC (LON:IXI) has made two top-level changes. Chief financial officer Grant Nash, appointed to the role in April, joins the board with immediate effect. Tim Sharpington, the company’s senior independent director for the last six years, will step down at the end of the current financial year.
Rockfire Resources PLC (LON:ROCK) has garnered a deeper understanding of an alluvial gold deposit next one of its key assets in Queensland, Australia. But the company admits more work is required to find the hard rock source of the precious metal.