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The following stocks are the leading risers and fallers on AIM on Monday. ---------- AIM - WINNERS ---------- Falcon Oil & Gas Ltd, up 42% at 9.36 pence, 12-month range 3.85p-9.36p. The Australia-focused oil and gas explorer and developer says the Shenandoah S2-2H ST1 well has achieved an average 30-day initial production flow rate of 7.2 million cubic feet per day over 5,483 feet. This was across a 35 stage stimulated length within the Amungee Member B-Shale in Australia’s Beetaloo Sub-basin. The 7.2 MMcf/d rate is ‘the highest IP30 result in the Beetaloo to date’. Falcon adds that the normalised flow rate of 13.2 MMcf/d over an extrapolated 10,000-foot horizontal section is in line with the 12-month average of over 11,000 wells in the Marcellus Shale area. Says results show the commercial deliverability of Amungee Member B-Shale gas in the Australian East Coast gas market. ‘The steady state decline curve on SS-2H ST1 is consistent with that achieved from the Shenandoah South 1H well,’ Falcon adds. Expects the Shenandoah South drilling campaign to start in July, with the Shenandoah South 4H well being completed and flow tested by the year’s end. ---------- Physiomics PLC, up 10% at 0.51p, 12-month range 0.39p-1.25p. The Oxfordshire, England-based mathematical modelling company supporting oncology drug development has signed its first-ever two Biometrics contracts. Says the contracts are with a UK-based clinical-stage biopharmaceutical company developing immunotherapies. Company will provide Biostatistical Consulting and Statistical Programming services for an initial one-year period starting in July, with each contract covering work to support one of the client’s active clinical programmes. Also, Physiomics has hired Jesse Thissen as head of Biometrics with effect from July 1, to lead its new Biometrics service-line. ---------- AIM - LOSERS ---------- Sunda Energy PLC, down 36% at 0.0235p, 12-month range 0.0235p-0.095p. The Southeast Asia-focused gas asset exploration and appraisal firm announces that the planned Chuditch-2 appraisal well is now expected to be drilled in the first half of 2026. The well, on the Chuditch field in the TL-SO-19-16 production sharing contract, was planned for drilling (by Sunda’s wholly-owned Timor-Leste subsidiary, SundaGas) in the second half of 2025. Sunda says the delay is due to the absence of certain essential logistical services, leaving it unable to execute a definitive, agreed form rig contract. Says the joint venture partners have already applied for a 12-month extension of the PSC’s current phase. Both SundaGas and its state-owned JV partner have agreed to terminate the farm-in agreement signed in April, but have agreed to discuss other partnering arrangements, ‘including a potential revised farm-in on substantially the same terms’. ‘While this temporary delay is frustrating, the significant value to Sunda and its shareholders remains,’ Chief Executive Officer Andy Butler says. ‘We are...already working to establish a plan for timely drilling in 2026...building on the extensive preparations that have been carried out to date.’ ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
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