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EnCore Oil says field development plan for Ceres approved

Date : 25/09/2008 @ 08:26
Source : TFN
Stock : Encore Oil (EO.)
Quote : 9.0  0.0 (0.00%) @ 16:15
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EnCore Oil says field development plan for Ceres approved

        LONDON (Thomson Financial) - EnCore Oil Plc. said UK regulators have
approved the field development plan for the Ceres gas field located on UKCS
Block 47/9c in the North Sea.
    The licence, in which Encore has a 10 percent interest, will be developed as
a single well sub-sea tieback with first gas currently planned for mid-2009.
TFN.newsdesk@thomson.com
ran/ak

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