RE: Brockham RNS5 Feb 2019 04:08
Mixed results from a well at the Brockham Oil Field, south of London in Dorking, pushed down shares in its owners Angus Energy and Alba Mineral Resources.
Angus said that the well had been deepened from 960 metres to 1,155 metres, after delays throughout December and January due to component failures. But it hit water during the drill, and will now need to engineer a work-around to isolate the water and produce undiluted oil.
Any excuse they have limited oil imho