Fri, 09th Apr 2021 13:38
After numerous false starts and lack of delivery, oil exploration group San Leon Energy has claimed it may have found its first commercial gas discovery. San Leon has unveiled test results that it believes show the Rawicz-12 appraisal well, located in south-western Poland, will be commercial in scal
Read moreShares in San Leon and Genel Energy took a hit on Thursday after the groups reported that the M-1 well on the Sidi Moussa permit offshore Morocco was to be plugged and abandoned. The well failed to produce product oil at sustainable rates, which it said was potentially the result of reservoir damage
Read moreAstraZeneca: JP Morgan raises target price from 3700p to 4100p, keeping its underweight rating. AVEVA Group: Barclays upgrades to overweight. Bellway: Credit Suisse raises target price from 1876p to 1905p and keeps a neutral rating. Bow Leven: Barclays shifts target price from 45p to 50p and retai
Read moreA well off the coast of Morocco has struck oil, partners Genel Energy, San Leon Energy and Serica Energy said. The SM-1 well in the Sidi Moussa block, which is operated by Genel, has reached a total depth of 2,825 metres and preparations are now underway to begin testing at a cost of $22m. Genel ow
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