Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF) has raised £10.5 million to fund new drilling and acquisitions in the US. It follows a standout well in Utah, flowing nearly 2,850 barrels a day without fracking.
Mosman Oil and Gas Ltd (AIM:MSMN) has replaced CEO Andy Carroll as it kicks off a full strategic review. New interim boss Howard McLaughlin will focus on scaling US production and streamlining operations.
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) says its latest CPR confirms helium resources in solution at Tanzania’s Rukwa Basin. First gas from its Colorado project is still expected by year-end.
Zanaga Iron Ore Co Ltd (AIM:ZIOC) says new test work confirms its Congo project can produce (direct reduced iron) DRI-grade iron concentrate. That puts it in prime position to supply low-carbon steelmakers using electric arc furnaces.
Scancell Holdings PLC (AIM:SCLP, OTC:SCNLF) has launched a new trial arm for its cancer immunotherapy, using faster intradermal dosing. Previous data showed an 84% disease control rate in melanoma patients.
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