Headlines from the Proactive UK Newsroom.
I3Energy (LON:I3E) has reported a discovery from its Serenity well in the North Sea. Describing it as transformational, I3 said the well results were consistent with its pre-drill estimates of 197 million barrels of oil in place on the licence.
Europa Metals Ltd (LON:EUZ) has boosted the indicated resource at its Toral project in Spain to 2.7mln tonnes grading 8.9% zinc equivalent. The overall resource now stands at approximately 18mln tonnes at 7.4% zinc equivalent
Integumen (LON:SKIN) has launched its Rinodrive platform as an independent open-source cloud-based eco-system. The stand-alone platform is currently being rolled out with existing healthcare clients, higher educational establishments and is being tested in government departments.
Eckoh’s (LON:ECK) trading’s been very strong in the six months to September with excellent levels of contracted business and double-digit revenue growth in both the UK and US.
Argo Blockchain (LON:ARB) has increased the number of Bitcoin mining machines in production to 6,500. The cryptocurrency miner said an additional 5,500 machines are currently on order and are expected to be installed by the end of the current quarter.
BP slid into the red its third quarter as a one-off hit of US$2.6bn combined with significantly lower production earnings. Chief executive Bob Dudley said the underlying performance had been good in the context of hurricane problems and lower oil and gas prices.