24 Feb 2015 08:18
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Don't have an account? Click here to register.LGO Energy raises 1m pounds for Trinidad businesses
Mon, 05th Oct 2015 09:19
(ShareCast News) - LGO Energy has raised £1m before expenses through the placing of 111.1m shares at 0.9p per share.The company said the funds will largely be deployed as additional working capital in LGO's Trinidad businesses including initiating work on the recently announced Goudron Sandstone program at LGO's flagship Goudron Field development.In addition, it said application is being made for the admission of these placing shares to trade on AIM and it is expected that this will occur on or before 14 October 2015.At 0922 BST, LGO shares were down 12.1% at 0.92p.
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18 Feb 2015 09:55
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Leni Gas & Oil reports progress with latest wells at Goudron
Drilling has begun at Leni Gas & Oil's seventh planned development wells at the Goudron Field in Trinidad, it announced on Wednesday. Well GY-670 is planned to test the Goudron and Gros Morne Sandstone reservoirs to a total depth (TD) of at least 3,100 feet and will be deviated approximately 600 fee
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