Sunda Energy (AIM:SNDA) is making a big move, acquiring New Zealand oil producer Matahio Energy and raising up to £6.7 million to fund it. The Taranaki Basin assets produce over a thousand barrels a day, with serious growth potential.
Union Jack Oil (AIM:UJO, OTCQB:UJOGF, FRA:1UJ0) is about to spud its Crossroads well in Oklahoma around 16 April. The company already has its share of the drilling costs covered, targeting 1.67 million barrels across the structure.
Coiled Therapeutics (AIM:COIL) has some impressive trial data out today on its cancer drug AO-252. Doubling the dose to twice daily pushed the clinical benefit rate from 40% to 80%.
Solvonis Therapeutics (LSE:SVNS) has picked up its second US patent in a week for its PTSD drug programme. The patent covers a new class of compounds and runs until 2043.
Frontier IP (LSE:FIPP, FRA:8WT) portfolio company Fieldwork Robotics has raised £3 million to roll out the world's first raspberry-picking robots. Commercial trials kick off in Norfolk this year, with robot fleets potentially on farms by 2027.
Quantum Blockchain Technologies (AIM:QBT, FRA:BYA1) has found a faster way to test its AI mining software, hooking it directly into a manufacturer's development kit. Preliminary results are now expected by the end of April.
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