We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Scirocco Energy Plc | LSE:SCIR | London | Ordinary Share | GB00BF1BK408 | ORD 0.20P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.325 | 0.30 | 0.35 | 0.325 | 0.325 | 0.325 | 2,055,032 | 07:44:28 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Oil And Gas Field Expl Svcs | 135k | -4.82M | -0.0053 | -0.60 | 2.88M |
TIDMSOLO
RNS Number : 9544X
Solo Oil Plc
27 February 2017
FOR IMMEDIATE RELEASE, 2:00pm 27 February 2017
SOLO OIL PLC
("Solo" or the "Company")
Ntorya-2 Update, Tanzania
Further to the Company's announcement of 6 February 2017, Solo today confirms that production testing on the recently drilled Ntorya-2 ("NT-2") appraisal well commenced on 25 February 2017 and gas is now flowing to surface. The well will be tested with a variety of flow rates and choke sizes to determine the optimal deliverability of the well for production purposes. The Company now expects to have results of the production testing and petrophysical analysis by mid-March.
Solo has a 25% non-operating interest in the Ruvuma PSA, and in the Ntorya discovery and Ntorya-2 well, which is operated by Aminex plc.
For further information:
Solo Oil plc Neil Ritson +44 (0) 20 3794 9230 Beaumont Cornish Limited Nominated Adviser and Joint Broker Roland Cornish +44 (0) 20 7628 3396 Shore Capital Joint Broker Jerry Keen Beaufort Securities Joint Broker Jon Belliss Cassiopeia Services Ltd Investor and Media +44 (0) 20 7408 4090 Relations +44 (0) 20 7382 8300 Stefania Barbaglio +44 (0) 79 4969 0338
The information contained in this announcement has been reviewed and approved by Neil Ritson, Chairman and Director of Solo Oil plc who has over 38 years of relevant experience in the energy sector. Mr. Ritson is a member of the Society of Petroleum Engineers, an Active Member of the American Association of Petroleum Geologists and is a Fellow of the Geological Society of London.
Glossary:
appraisal the collection of additional data, usually in the form of additional wells, on an existing discovery prior to sanctioning a development plan ------------------- ----------------------------------------- flow or production a flow test or well test involves test testing a well by flowing fluids to surface, typically through a test separator. Key measured parameters are water, oil and gas flow rates, downhole pressure and surface pressure. The overall objective is to identify the well's capacity to produce hydrocarbons at a commercial flow rate ------------------- ----------------------------------------- PSA petroleum sharing agreement or contract ------------------- ----------------------------------------- petrophysics the study of the physical and or petrophysical chemical properties of rock formations analysis and their interactions with fluids ------------------- -----------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCMMGZZFNKGNZM
(END) Dow Jones Newswires
February 27, 2017 09:00 ET (14:00 GMT)
1 Year Scirocco Energy Chart |
1 Month Scirocco Energy Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions