Navitas News12 Sep 2023 10:00
All,
Navitas shares are up another 4% this morning on the following news:-
"Further to what was stated in the board of directors' report for the second quarter of 2023, as published on August 31, 2023 (reference number:
2023-01-082684), the partnership is honored to inform that the Shenandoah project operator has successfully completed the drilling of the third development well - well SA010, which reached the final depth of 32,219 feet. The operator of the project is now planning to install the casing pipes in the borehole and seal it temporarily until the completion works begin. After that, the drillship is planned to move to the fourth development well - SA007 and drill it to its final depth.
The development of the project continues as planned according to the planned schedules and the approved budget."
https://maya.tase.co.il/reports/details/1547130/1/0
Mogger