Morning news wrap: Tullow Oil, Solo Oil, Scottish & Southern Energy, Petrofac

In the FTSE 100, Tullow Oil (LSE: TLW) announced that the Likonde-1 well, onshore Tanzania, has encountered thick sands with hydrocarbon shows.
Scottish and Southern Energy (LSE: SSE) has entered into an agreement with Hess Limited to acquire its natural gas assets and infrastructure in three regions of the North Sea for US$423 million.
Oil and gas engineering firm Petrofac (LSE: PFC) has acquired Stephen Gillespie Consultants Limited (SGC), a UK-based provider of metering services and systems for an initial cash consideration of £2.1 million.
In AIM, Solo Oil (AIM: SOLO) said that he Likonde-1 well, onshore Tanzania, has encountered thick sands with hydrocarbon shows. Solo has the option of becoming a full joint venture partner with 12.5% of the entire 12,360 sq km (square kilometre) Ruvuma Licences by committing to the second well.
Turkey focused gold miner Ariana Resources (AIM: AAU) has placed 50 million shares at a price of 2 pence per share to raise £1 million.
Europe focused oil and gas developer Ascent Resources (AIM: AST) has announced that it is currently drilling the PEN-106 well, part of the Penészlek Project in the Penészlek area of the Nyírség exploration permits in eastern Hungary.
Biopharmaceutical company Lipoxen (AIM: LPX) has announced a successful placing to raise £1.2 million.

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