Touchstone Exploration Inc (LON:TXP, TSE:TXP) said gas flow rates from its latest Trinidad onshore well “greatly exceeded” expectations.
Mineral and Financial Investments Limited (LON:MAFL) saw a sharp uplift in its net asset value (NAV) in the year to 30 September, 2019.
Echo Energy PLC (LON:ECHO) has switched its drill rig in Argentina from its Tapi Aike licence to its new prospect at Santa Cruz Sur where drilling of the first well at Camp Limite is scheduled to start next week.
US Oil & Gas PLC (LON:USOP) said it expects to drill East Play in the fourth quarter this year or first quarter next year if drill costings remain as currently indicated.
NQ Minerals PLC (LON:NQMI) has raised £300,000 from a UK institutional investor, which the miner said will allow it to launch an exploration programme to add higher grade resources to its Hellyer mine in Tasmania.
ImmuPharma PLC (LON:IMM) this morning began trading on Euronext Growth Brussels under the ticker ‘ALIMM’, a new listing that does not affect the trading of the shares on AIM nor, said the company, is there any intention to raise additional funds.
Diversified Gas & Oil PLC (LON:DGOC) has appointed Melanie Little as an independent non-executive director, effective immediately, taking the size of the board to eight. Little, who is currently in charge of operations and environmental health, safety & security at NYSE-listed Magellan Midstream Partners, “brings significant experience in compliance, operations and sustainability which will continue to be a key focus as we further grow the business and service our existing assets”, said chairman David Johnson.
Nektan PLC (LON:NKTN) has appointed Paul Hughes as a non-executive director with immediate effect, citing his “extensive corporate banking and commercial experience, with a focus on fundraising, the turnaround of loss-making businesses, risk management and fast-growing private and public companies” as key attributes.