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The Markets
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The Markets
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The Markets
by Proactive
Proactive UK has moved.
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Proactive news headlines: 88 Energy, Powerhouse Energy, Rainbow Rare Earths...

A s napshot of the stories on the Proactive website today

88 Energy Ltd (AIM:88E, ASX:88E, OTC: EEENF) said it now has two independent resource estimates for Project Icewine, one for the East site and one for the West.

Project Icewine is the company's oil exploration asset in Alaska, with the two estimates covering separate and independently mapped resources.

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Powerhouse Energy Group (PHE) said it agreed heads of terms with Hydrogen Utopia (HUI) over the joint development of a waste plastic to hydrogen plant at Konin in Poland.

"This formalises PHE's position in the Konin project and brings an end to speculation within the market on what PHE's role will be," Keith Riley, PHE’s interim chairman, said.

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Rainbow Rare Earths Ltd (LSE:RBW, OTC:RBWRF) unveiled an updated technical report detailing how it will economically extract rare earth elements from the phosphogypsum stacks at its Phalaborwa project in South Africa.

Several key enhancements have been made, resulting in significant anticipated capital and operating cost savings for the Phalaborwa preliminary economic assessment (PEA), which is currently being finalised, compared with the initial processing options considered when work started.

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Pantheon Resources PLC (AIM:PANR, OTC:PTHRF) has uncovered a "world-class" oil discovery on its Theta West acreage in Alaska, according to independent consultants brought in to assess the area’s potential.

The respected US outfit Baker Hughes Advanced Hydrocarbon Stratigraphy (AHS) was charged with compiling a volatile analysis service report based on data collated after a successful appraisal well was sunk early this year.

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