Empyrean Energy PLC (AIM:EME, FRA:E1E) (AIM:EME, FRA:E1E) signed up a rig for the planned Jade exploration well in China, setting a December spud date. The company awarded the contract to China Oilfield Services Limited (COSL) which proposed a significantly reduced drilling cost estimate of US$12.3mln.
Zephyr Energy PLC revealed positive results from testing at its State 16-2LN-CC well in Paradox Basin, Utah, U.S., which yielded “strong evidence” to support further development.
[email protected] Capital PLC agreed terms on a short-term loan facility with ARC Group, an investment bank that works with family offices and institutions to arrange funding. The new facility will replace a convertible loan subscription agreement signed with Negma Group, the stock monetisation platform said.
IQ-AI Limited announced that Brett Skelly has been appointed as a non-executive director of the company with immediate effect.
Bidstack Group PLC, the native in-game advertising group, said the second half of 2021 has started well and in line with management’s expectations.
MGC Pharma Ltd (LON:MGC, ASX:MGC) said it was granted approval by the Indian authorities to import its phytomedicine CimetrA into the country.
InnovaDerma PLC said its two core brands, Skinny Tan and Charles + Lee are now being sold directly to consumers via Amazon in the UK and the US, having historically only been available through third parties.
Thor Mining PLC (AIM:THR, FRA:T5MC, OTCQB:THORF, ASX:THR) (AIM:THR, FRA:T5MC, OTCQB:THORF, ASX:THR) announced chairman Mick Billing tendered his resignation with immediate effect. The exploration and development company thanked Billing for his time as director and significant shareholder.