ValueTheMarkets

Kavango Resources rises after further strengthening position in Botswana (KAV)

Shares in Kavango Resources (LSE:KAV) bounced 2.2pc to 2.3p today after the newly-listed exploration firm announced that it has further built up its position in Botswana’s prospective Kalahari Suture Zone (KSZ). The business has acquired three new prospective licences covering 2,300km2 in the KSZ, an extended magnetic anomaly where it is looking for nickel, copper,…

President Energy boosted by early indications of development well success in Argentina (PPC)

Argentina-focused President Energy (LSE:PPC) told investors today that results from the first of three wells planned at its Puesto Flores field are at the ‘upper end of expectations’, sending shares up by 3pc to 8.4p. The business said the PFO 1001 development well, which spudded last month, found oil shows in at least three formations,…