Union Jack Oil says Crossroads well has spud
Union Jack Oil PLC (AIM:UJO, OTCQB:UJOGF, FRA:1UJ0) said drilling has started at the Crossroads Well in Oklahoma, putting the AIM-quoted explorer on a short timeline to the next operational readout from its US portfolio. The small-cap oil and gas company said it had been informed by operator Reach Oil and Gas that the well was spudded on 5 May 2026.
Union Jack Oil updates on timeline for Crossroads Well
Union Jack Oil PLC (AIM:UJO, OTCQB:UJOGF, FRA:1UJ0) said the rig for the Crossroads Well in Southern Oklahoma remains under maintenance and repair, pushing the next drilling timetable marker into early May. The AIM-listed onshore hydrocarbon company said operator Reach Oil and Gas Company Inc had informed it that a spud date would be provided in early May.
Europa Oil & Gas rallies as firm plans appeal in Yorkshire planning dispute
Europa Oil & Gas (Holdings) Plc (AIM:EOG, FRA:EGN) opened Monday's session on the back foot, before rallying, in the wake of the latest UK planning dispute for onshore oil and gas. The AIM-listed oil and gas explorer, in a statement, said plans to appeal after North Yorkshire Council's planning committee indicated it was minded not to approve the company's proposed well at Burniston on the Cloughton prospect.
Serval Resources makes AIM debut after copper acquisitions in Namibia and Botswana
Oscillate PLC (LSE:SRVL), the AIM-bound shell company rebranding as Serval Resources, has completed the acquisition of Kalahari Copper and begun trading on London's junior market, raising nearly £3 million to fund exploration across two emerging African copper belts. The company's shares began trading on AIM at 8 am today under the ticker SRVL, having previously been listed on the Access segment of the AQSE Growth Market.
Mirriad Advertising warns of imminent collapse as funding search fails
The AIM-listed virtual product placement company says it may have to enter administration or liquidation in the near term after failing to secure fresh capital Mirriad Advertising PLC (AIM:MIRI, FRA:8WQ, OTCQX:MMDDF), the virtual in-content advertising technology company, has warned it may be forced into administration or liquidation after efforts to secure emergency funding failed, sending shares down as much as 50% in early trading. The company said trading conditions deteriorated sharply following the escalation of geopolitical tensions in the Middle East, particularly conflict involving Iran, which hit its key regional market during what should have been its busiest seasonal period.
CelLBxHealth shares rise 8% on Royal Marsden lung cancer collaboration
CelLBxHealth PLC (AIM:CLBX, FRA:DWV) shares rose 8% to 0.99p after the AIM-listed circulating tumour cell specialist announced a research collaboration with The Royal Marsden NHS Foundation Trust to study a novel blood-based testing approach in advanced lung cancer patients. The two organisations will jointly conduct a clinical study in 200 patients with advanced non-small cell lung cancer (NSCLC), the most common form of the disease.
Active Energy says Ghummud has been fully energised ahead of schedule
Active Energy Group PLC (AIM:AEG, OTCID:AEUSF) shares were up 11% on Monday, to 0.11p, after the firm told investors that its Ghummud site in the UAE has been fully energised ahead of schedule, potentially pulling forward revenue as the company pushes to build out a digital infrastructure platform around acquired grid connections. The AIM-listed group said modular digital infrastructure deployment is already underway at the site and that operations are now expected to begin materially sooner than the previously indicated 10-12 week timeline.
HeLIX Exploration boosted by new US Air Force hydrogen venture
HeLIX Exploration PLC (AIM:HEX, OTCQB:HHEXF) has been selected by Renaissance Philanthropy's Chimaera Fund to join a US Air Force-backed demonstration programme, giving the AIM-listed gas explorer a foothold in a project tied to military energy resilience and highlighting a possible second strategic use for its Montana geology. The group was chosen from nearly 30 respondents to a request for information aimed at finding partners with relevant well infrastructure, hydrogen-related subsurface data and active exploration programmes near key Air Force bases.
Poolbeg Pharma wins UK regulatory clearance for cancer immunotherapy trial
Poolbeg Pharma PLC (AIM:POLB, OTC:POLBF, FRA:POLBF), the AIM-listed clinical-stage biopharmaceutical company, has received clinical trial authorisation from the UK Medicines and Healthcare products Regulatory Agency for its TOPICAL trial, with interim data expected this summer. The trial is investigating POLB 001, which is being developed as a potential first-approved preventative therapy for cytokine release syndrome (CRS), a serious immune reaction triggered by cancer immunotherapies, including CAR T-cell therapies and bispecific antibodies.
Seeing Machines is monitoring systems after cyberthreat but says its found no evidence of breach
Seeing Machines Ltd (AIM:SEE, OTC:SEEMF, FRA:M2Z) told investors it has so far found no evidence of unauthorised access to its systems or data, after investigating an alleged cyber threat flagged to the company around 10 days ago. The AIM-listed transport safety technology group said a third party had named it online alongside claims that some company data had been accessed.
Impax Asset Management drops as outflows prompt downgrade
Impax Asset Management (AIM:IPX, FRA:LW4) shares dropped in Friday morning's deals, losing 21% to 98.68p, as the firm reported assets under management fell 8% over its fiscal second quarter to £22.3 billion, as continued client redemptions prompted the AIM-listed specialist investor to guide for lower full-year revenue. Net outflows totalled £2.01 billion in the three months to 31 March 2026, driven principally by listed equities, while performance, market movements and foreign exchange added just £83 million.
Union Jack Oil to spud Crossroads well in mid-April
Union Jack Oil PLC (AIM:UJO, OTCQB:UJOGF, FRA:1UJ0) has announced that the Crossroads well in southern Oklahoma is set to be spudded on or around 16 April, giving investors a near-term drilling catalyst on a project where the company already has its funding in place. The AIM-listed group holds a 43% interest in Crossroads, with Reach Oil and Gas acting as operator, and, Union Jack said its share of drilling costs has already been funded, de-risking the immediate cash call ahead of operations.
