if the wells are successful at the deeper levels it would be 'really good' news for the oil and gas explorer,
Neil Wilson at ETX markets said the index is being propped up by dollar earners benefiting from a weaker pound with defensive stocks also doing well.
"The pound has dropped, not surprisingly, and what we have in effect is the ‘Brexit effect in miniature’".
“Word is they are quite close to a first major acquisition but two or three may be in the pipeline"
Strategic Minerals PLC's John Peters and Peter Wale are in the Proactive studio on Friday 27 October.
Amur Minerals' Robin Young in studio next Thursday - Oct 19
W Resources boss will be with us in the studio tomorrow to talk and answer questions
Keith Allaun, chief executive, talked through all of the latest company developments and answered investors' questions live today.