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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Cove Energy | LSE:COV | London | Ordinary Share | GB0034353531 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 239.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Cove Energy PLC (COV.LN), an AIM quoted upstream oil and gas company, together with the operator Anadarko Petroleum Corporation (APC), said Tuesday Lagosta 3--the eighth successful well to drill in the Windjammer, Lagosta, Barquentine and Camarao, gas complex--found high quality gas sands not well imaged by seismic data.
MAIN FACTS:
-Lagosta-3 appraisal well has found 577 net feet of natural gas pay.
-Pressure readings confirm important reservoir continuity of Lagosta 3 to Lagosta 1 and 2 and to the Windjammer/Camarao wells further north.
-With second rig now on contract, Cove is proceeding to drill-stem test the Barquentine-2 well and preparing to drill the Barquentine-4 appraisal well.
-Cove shares in London at 0935 GMT up 3 pence, or 2.1%, at 160 pence valuing the company at GBP769.64 million.
-By Ian Walker, Dow Jones Newswires; 44-20-7842-9296; ian.walker@dowjones.com
1 Year Cove Energy Chart |
1 Month Cove Energy Chart |
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