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Proactive news snapshot: 88 Energy, Anglo Pacific, SDX Energy...

Published: 10:30 22 Aug 2019 EDT

88 Energy Ltd -

88 Energy Limited (LON:88E) will retain a 30% working interest in Area A of the conventional Project Icewine acreage after clinching a farm-out agreement. Premier Oil PLC (LON:PMO) has signed a sale and purchase agreement with 88 Energy and Burgundy Xploration LLC to farm-in for a 60% interest in Area A, which is in the proven Alaska North Slope basin.

Anglo Pacific Group PLC (LON:APF) posted a 64% jump in revenue in the first half, driven by a strong performance at its Kestrel underground coal mine in Queensland, Australia.

SDX Energy Plc (LON:SDX) reported a 9% rise in first-half production following successful drilling at the Meseda field and increased gas sales in Morocco.

Katoro Gold PLC (LON:KAT) has agreed to sell its Lake Victoria projects in Tanzania to focus on the nickel potential at Haneti. Power Metal Resources PLC (LON:POW) has a 5.9% stake in Katoro. 

Symphony Environmental Technologies PLC’s (LON:SYM) shares were higher on Thursday as its partner firm, Grupo Bimbo, announced the progress of its biodegradable packaging programme using Symphony’s d2w plastic technology.

Tlou Energy Limited (LON:TLOU) told investors that the Lesedi 3 and Lesedi 4 production pods have now both achieved sustained gas flow rates.

IronRidge Resources Limited (LON:IRR) has held a meeting with Volkswagen to present its lithium project in Ghana to the German car company.

Ariana Resources PLC (LON:AAU) has been granted a new operational licence at its Salinbas gold project in Turkey.

Wizz Air Holdings PLC (LON:WIZZ) is set to launch three new routes from Stobart Group PLC’s (LON:STOB) Southend Airport.

Columbus Energy Resources PLC (LON:CERP) has updated on its enhanced oil recovery (EOR) project at the Inniss-Trinity asset in Trinidad.

Capital Drilling Limited (LON:CAPD), which leases drilling rigs to mining companies, said the recent upsurge in the gold price is good news for the company.

Anglo Asian Mining PLC (LON:AAZ) has responded to a recent report that Azerbaijan’s Ministry of Economy has appointed a consultant to advise on a 'possible transaction'.

Falcon Oil & Gas Ltd (LON:FOG) this morning told investors that it has had the environmental green light for its proposed appraisal well at the Beetaloo project.

i3 Energy PLC (LON:I3E) said the drilling had begun on its Liberator Field, off the coast of Aberdeen.

Tekcapital PLC's (LON:TEK) net asset value per share increased by 8 cents to 38 cents in the six months to the end of May.

Medical technology company IXICO PLC (LON:IXI) has made two top-level changes. Chief financial officer Grant Nash, appointed to the role in April, joins the board with immediate effect. Tim Sharpington, the company’s senior independent director for the last six years, will step down at the end of the current financial year.

Shefa Gems Ltd (LON:SEFA) has renewed the prospecting licence at its Kishon Mid-Reach Zone 1 project in Northern Israel for another 12 months.

Rockfire Resources PLC (LON:ROCK) has garnered a deeper understanding of an alluvial gold deposit next one of its key assets in Queensland, Australia. But the company admits more work is required to find the hard rock source of the precious metal.

Poseidon Nickel signs binding agreement with Mineral Resources to divest...

Departing Poseidon Nickel Ltd (ASX:POS, OTC:PSDNF) CEO Craig Jones and incoming CEO Brendan Shalders join Proactive’s Jonathan Jackson to discuss the divestment of Lake Johnston to Mineral Resources Ltd (ASX:MIN). Jones, who has played a pivotal role in this strategic move, shared insights on...

5 hours, 52 minutes ago