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FTSE 100 adds to early gains despite dip in manufacturing purchasing managers index
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Proactive news headlines: 88 Energy Ltd, e-therapeutics PLC, Mosman Oil and Gas Limited, SkinBioTherapeutics PLC …
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Proactive news headlines: Greatland Gold PLC , 88 Energy Ltd, e-therapeutics PLC, Mosman Oil and Gas Limited, SkinBioTherapeutics PLC …
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AEX Gold Inc overcomes silver mania to surge after publishing Kangerluluk sampling results
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88 Energy Shares Rebound As US Well Permit Days From Being Confirmed
Wed, 27th Jan 2021 10:07
(Alliance News) - 88 Energy Ltd on Wednesday confirmed it has received notice from the Alaska Bureau of Land Management it is planning to sign a permit allowing the company to drill Merlin-1 well in the NPR-A region of the North Slope of Alaska.
Shares in the oil producer were 25% higher in London on Wednesday morning at 0.52 pence each, hitting an intraday peak of 0.59p. Over the past 12 months, however, the stock is down 59%.
88 Energy shares had plunged on Friday last week as it noted a recently announced 60-day suspension of authority for US government offices to issue new drilling permits on Federal land.