Is Coro on the way back to the 4p IPO price?3 Oct 2019 11:09
Coro Energy has recently seen its shares recover off the yearly lows firmly towards the annual highs as the company announced the mobilisation of its Asian Endeavour 1 rig to the Duyung PSC, Mako Gas field, were the Tambak-1 exploration and appraisal well commences the first in it’s two well programme. We can now confirm that the rig is in position awaiting the spud in its forthcoming campaign, an exploration well designed to test the Tambak prospect beneath the central area of the Mako gas field, and an appraisal well designed to primarily appraise the intra-Muda sandstone reservoir in the southern area of the Mako field, as well as gather stratigraphic information from the Lower Gabus interval.
https://total-market-solutions.com/2019/10/03/coro-energy-news-reviewed/