Cloud PRWire

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i3 Energy eyeing up acquisitions after raising forecasts

–News Direct– i3 Energy PLC (AIM:I3E, TSX:ITE, OTC:ITEEF) chief executive Majid Shafiq speaks to Thomas Warner from Proactive after the independent oil and gas company released an interim report and an operational update for H1 2023. Shafiq shares a comprehensive update on the company's first half achievements and financial milestones, saying i3 Energy successfully completed eight gross wells, contributing to a 9% YoY production increase, despite challenges like facility maintenance and wildfires. The year-end reserves audit for 2022 showed an impressive 80% increase in RTP reserves, reflecting a robust resource base with a 22-year reserve life. Financially, i3 Energy refinance their outstanding loan notes with a $100mln Canadian facility from Trafigura, strengthening their finan...
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Federal Reserve facing a “hard battle” against inflation – OptionsDesk

–News Direct– OptionsDesk broker Richard Perry speaks to Thomas Warner from Proactive at the end of a week in which the markets have shown mixed performance, with the NASDAQ rising approximately 4.5%, the S&P 500 gaining around 2.5%, and the FTSE lagging behind at around 1.5%. The highlight of the week is the US non-farm payroll report, which measures job creation in the US. Perry notes that more job additions signify a positive outlook for the US economy, but rising interest rates, aimed at combating inflation, may pose challenges by increasing wage demands, potentially perpetuating inflation. He suggests that the US Federal Reserve is facing a "hard battle" against inflation given the complex countervailing forces involved. In the UK, measures to curb inflation ...
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Kodal Minerals pushing on at Bougouni while funding discussions continue

–News Direct– Kodal Minerals PLC (AIM:KOD) chief executive Bernard Aylward speaks to Thomas Warner from Proactive after the mineral exploration and development company announced the agreement of an extension to the deadline to complete the Bougouni lithium project funding package with Hainan Mining. Aylward explains that Kodal Minerals has extended its long stop date by another month to finalise the funding agreement. This collaboration is set to fully fund the project's development and inject capital into Kodal Minerals PLC for future growth. While Aylward describes the need for an extension disappointing, he says that both parties are dedicated to making the transaction a reality. Aylward clarified that the hold-up primarily pertains to compliance items during the restructure o...
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Graft Polymer rounds out busy summer with fresh R&D contract

–News Direct– Graft Polymer (UK) PLC (LSE:GPL) independent non-executive director Alex Brooks speaks to Thomas Warner from Proactive after announcing that the specialist polymer modification company has signed a research and development and supply agreement with Empresas Vilher, a Mexican company that specialises in wood plastic composite, plastic recycling and high-performance compounds. The agreement is to jointly develop wood plastic composites (WPCs), of the kind used in decking and building materials. These composites combine waste wood and plastic to create weather-resistant and durable products. Brooks says that the deal follows a "busy summer" of commercial discussions. Brooks highlights Graft Polymer's specialisation in polymer modification, especially na...
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Meeting Unanticipated Pest Challenges: Greenix Pest Control Extends Tick, Flea, and Mosquito Services in Naperville, IL

Naperville, IL – In response to the unusually prolonged warmer seasons, Greenix Pest Control has temporarily expanded its offerings for tick, flea, and mosquito control services, from September 1st through September 30th, 2023. This extension not only accommodates clients requiring one-time treatments but also caters to those enrolled in yearly maintenance plans, ensuring a comprehensive approach to pest management. The Naperville pest control company uses a multi-step program that eliminates 85-90% of ticks, fleas, and mosquitoes. Their EPA-registered treatments are effective and sustainable, dealing with all breeding spots and deterring a recurrence of the infestation. They are designed to last throughout the 30-day application cycle by creating a barrier that protects the property fro...
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Europa Oil & Gas to boost Wressle-1 output with jet pump

–News Direct– Europa Oil & Gas (Holdings) PLC (AIM:EOG) CEO William Holland speaks to Thomas Warner from Proactive after announcing the commencement of operations to install an artificial lift on the Wressle-1 well. The exploration and production company is installing a jet pump on the Wressle-1 well, a departure from traditional beam pumps. Holland explains that jet pumps utilise the Venturi effect, boosting fluid flow and maintaining pressure differentials for increased production. This move enhances oil extraction efficiency, countering the well's natural decline. Holland clarifies that this is not a sign of the well's end, but a strategic step in its lifecycle, anticipating a substantial output from it. Regarding the broader Wressle field, Holland says that E...
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Thor Explorations sees “a lot of upside potential” at Douta Gold Project

–News Direct– Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) president and CEO Segun Lawson speaks to Thomas Warner from Proactive after the gold producer released some fresh drill results from its Douta Project in Senegal. Lawson highlights the project's significance, emphasising its potential for organic growth within the company's pipeline. The latest drill results were described as highly encouraging, with intersections showcasing impressive gold grades. He suggests that the findings could contribute to an uplift in both grade and tonnage, indicating promising progress towards a robust mineral resource. Lawson expresses excitement about the project's potential to diversify the company's jurisdiction and developmental stage, following the success...
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Crossword Cybersecurity “fully funded” for path to profitability

–News Direct– Crossword Cybersecurity PLC (AIM:CCS) CEO Tom Ilube speaks to Thomas Warner from Proactive after the company released its first-half update. He says that the company has published positive trading figures and is well on track to meet market expectations for 2023. Notably, 2024 holds the promise of substantial growth, with revenue projected to reach around 8 million and a strategic move towards profitability in the latter half of the year. Ilube emphasises the organisation's resolute commitment to achieving this through organic growth, rather than by relying on acquisitions. Crossword Cybersecurity has secured over 2 million in loan notes, ensuring ample funding to sustain its trajectory towards profitability, with an option to raise up to 2.5 million if needed. Ilub...
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The Estate Plan Hosts Series Of Webinars To Introduce “My Child’s Plan” Service

Award-winning Florida-based law firm The Estate Plan conducts webinars in support of their new service, “My Child’s Plan.” The service caters to the specific needs of parents with children under 18. Led by the firm’s estate planning attorneys, the webinars discuss details about the service and provide insight into the importance of planning for kids. The firm recently concluded the first webinar that introduced the new service and will continue to host discussions to accommodate more parents who need assistance. They will learn how to document the various aspects of their children’s lives, like religious education, extracurricular activities, or dietary preferences. These steps ensure the kids’ stability and comfort in the future. The events will be conducted on Zoom, making it ideal for ...
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Estate Planning Attorney Dan Weiner Imparts Knowledge At The Ron Greenwald Show

Estate planning attorney at a San Diego law firm, Dan Weiner, talked about the importance of estate planning on an episode of the podcast The Ron Greenwald Show. He shared the knowledge he gained from his experience practicing law and how he uses it to help his clients at Weiner Law. Dan took center stage, bringing his skills from his legal practice in England, Hong Kong, and San Diego. He shared a glimpse of the intricate world of estate planning, delving into the challenges that families often face. One of the highlights of the episode is Dan’s unique perspective from a different legal landscape. He shared what he learned from practicing law in England and how it changed upon engaging in the vibrant legal community of San Diego. As the episode progressed, it transitioned into the essent...