Mosman Oil and Gas Ltd (AIM:MSMN) has told investors that it now expects drilling to start on the Cinnabar-1 well, in Texas, in approximately seven days.
The company, in a statement, noted that the timing of drilling remains subject to final rig availability.
ImmuPharma PLC (AIM:IMM, OTC:IMMPF) has announced that its US partner for Lupuzor (P140), Avion Pharmaceuticals has received a written response from the US Food and Drug Administration (FDA) to its Type C meeting regarding the development and review of the product.
The specialist drug discovery and development company said the FDA response was detailed and included significant guidance on next steps for the clinical programme for the potential treatment for the autoimmune disease Lupus, which included advice on the dosing regime.
Empire Metals Ltd (AIM:EEE) said it expects shortly to produce a full electromagnetic survey over its Pitfield deposit in Australia.
Pitfield is already displaying characteristics of a significant copper mineral system, it added, with good potential to make a major copper discovery there.
Chariot (AIM: CHAR), the Africa focused transitional energy company, highlighted a significant offshore gas discovery in Morocco and two new renewable energy projects in South Africa and Zimbabwe as it published interim results.
The AIM-listed group said the loss after tax for the six months ended June 30 was US$7.76mln compared with a loss of US$2.01mln previously.
Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF) told investors it is picking up additional acreage in Utah, in the vicinity of the company’s flagship Paradox.
The company said in a statement it agreed to buy a package of oil and gas assets including natural gas infrastructure, five existing well bores and acreage that’s contiguous with its White Sands Unit (WSU) which forms one part of the Paradox project.
CentralNic Group PLC (AIM:CNIC) has revealed it is broadening its reach in social media and native advertising with the acquisition of tech firm Aporia for US$11.2mln net in cash.
“The acquisition is part of a larger vertical integration strategy, providing the group's online marketing segment with more direct access to high-quality traffic to monetise,” said the company.
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) has announced a milestone partnership ahead of phase II drilling at its Rukwa project in Tanzania.
The company said it has signed a letter of intent with international oil and gas consultants Baker Hughes (BH), which will provide integrated services ahead of the ‘spudding’ of an evaluation well in January or February next year.
Pan African Resources PLC (AIM:PAF, OTCQX:PAFRY, JSE:PAN, OTCQX:PAFRF) has reported an increase in full-year pretax profit on record gold production.
Pretax profit for the year to end-June, 2022, rose by 2% to US$106.9mln as gold output grew to 205,688 ounces, exceeding its revised guidance of 200,000 ounces as well as the previous year’s production of 201,777 ounces.
Altech Chemicals Ltd (ASX:ATC) is trading higher after executing a Joint Venture Shareholders’ Agreement with leading German battery institute Fraunhofer IKTS to commercialise IKTS’ revolutionary CERENERGY® Sodium Alumina Solid State (SAS) Battery that is free of lithium, graphite, copper and cobalt.
The SAS CERENERGY® battery uses common table salt and ceramic solid-state technology and Altech believes that these batteries are the “game-changing” grid storage alternative to lithium-ion batteries.