Uranium Energy Corp. premarket gains 1.54% after SKRR's Clearwater West drilling commences, indicating exploration optimism.

Uranium Energy Corp. experienced a modest gain of 1.54% in the premarket, primarily driven by SKRR Exploration's announcement of summer drilling at the Clearwater West property, which is adjacent to Fission Uranium's Triple R deposit. The commencement of exploration and potential uranium mineralization in the region have contributed to the positive sentiment, despite earlier news of GoviEx Uranium Inc.'s drop from S&P/TSX and Anfield Energy's decline. Woodside Energy's acquisition of Tellurian and its Driftwood LNG project is a separate industry development, not directly impacting Uranium Energy Corp.