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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Encore Oil | LSE:EO. | London | Ordinary Share | GB00B06KL332 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 69.75 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:2693A EnCore Oil PLC 16 July 2007 Press Release For immediate release: 16 July 2007 EnCore Oil plc ("EnCore" or "the Company") Commencement of Drilling Operations on Schull Gas Appraisal Well EnCore Oil plc (LSE: EO.) is pleased to announce that the drilling rig SS Petrolia has arrived on location on Exploration Licence 5/05 in the Celtic Sea offshore Ireland and has commenced drilling operations on the Schull gas discovery ("Schull"). Well 57/2-3 was spudded on 14 July 2007 in a water depth of approximately 360 feet. Schull was discovered by the Total operated well 57/7-2 in 1987. Island Oil & Gas plc is the operator of the block with a 62.5 per cent. interest and EnCore holds a 12.5 per cent. interest. For further information, please contact: EnCore Oil plc www.encoreoil.co.uk Alan Booth, Chief Executive Officer +44 (0)20 7224 4546 Eugene Whyms, Chief Financial Officer Aquila Financial Limited www.aquila-financial.com Peter Reilly +44 (0)20 7202 2601 Yvonne Fraser +44 (0)20 7202 2609 Hanson Westhouse Limited Tim Feather +44 (0)113 246 2610 KBC Peel Hunt Jonathan Marren +44 (0)20 7418 8900 Notes to Editors: EnCore Oil plc (EO.) is a UK focused exploration and production company listed on the Alternative Investment Market (AIM) on the London Stock Exchange. EnCore's strategy is to create shareholder value through the successful exploration and appraisal of prospects and discoveries, and the development of those assets through to commercial sanction or beyond. EnCore is led by an experienced and proven management team. EnCore holds a balanced portfolio of interests in licences with the potential for providing major capital growth. This portfolio includes interests in the UK Continental Shelf (UKCS) offshore, several of which include operatorship; UK onshore in the Cleveland, Weald and Wessex basins; offshore Ireland; offshore in the Netherlands; and offshore in the Western Sahara. During 2007/2008 EnCore expects to participate in the drilling of at least twelve wells. www.encoreoil.co.uk This information is provided by RNS The company news service from the London Stock Exchange END MSCOKPKBBBKBQOD
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