http://contrarianinvestoruk.squarespace.com/
EnCore Oil plc announced this morning from the North Sea Cladhan appraisal well 210/30a-4x, the final well in this current four well programme.
The RNS is barely understandable but the sense is that its a duster without directly saying so! Looks like the shares are going to have a big fall from their current 60p. They have already halved in the last few weeks after previous disapointing appraisal wells. With the cancellation of the XEO exploration flotation it look like a placing is on cards and given today's news its going to be at a big discount.
Fortunately not a holder, but one I've been keeping an eye on!