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Investor Update: 88 Energy completes Premier Oil farm-out in Alaska

Published: 09:27 27 Nov 2019 GMT

Headlines from the Proactive UK newsroom.

88 Energy (LON:88E) has completed its farm-out with Premier Oil for its acreage in Alaska. The Alaska Department of Natural Resources has also approved the Plan of Operations for the Charlie-1 appraisal well with spudding scheduled for next February. 

Alba Mineral Resources PLC (LON:ALBA) says the Horse Hill-2z ("HH-2z") Portland horizontal well’s been completed and temporarily suspended as a future oil-production well. It’s now ready to enter into the planned extended well test campaign with operations expected to start in early December, once the rig has left the site.

Virtual reality specialist VR Education (LON:VRE) is to launch its latest showcase experience, 'Shuttle Commander', on Sony PlayStation next week. Users get the chance to land the Discovery space shuttle at a number of real-world landing sites.

Blue Star Capital’s (LON:BLU) investee company SatoshiPay’s first service with German publisher Axel Springer has gone live.

Britvic’s (LON:BVIC) yearly profits slumped by a quarter as it took a hefty write-down on its operations in France following new laws being introduced. 

Manchester City’s owner has become the world’s most expensive sports club after it received a £389m investment from a US private equity firm. 

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