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IN BRIEF: Clontarf starts drilling at Sasanof-1 well off Australia

ALN

Clontarf Energy PLC - London-based Ghana and Bolivia-focused oil and gas explorer - Posts operational update on drilling of its Sasanof-1 exploration well offshore Western Australia. Last weekend, it drilled a 17 and a half inch hole section to planned depth at 2072.7 metres true vertical depth below rotary table. ‘The next stage of operations has commenced with the rig Blow Out Preventer (BOP) and marine riser being prepared for deployment’, company adds. It expects to drill through the target reservoir section between June 2 and June 5. ‘Further updates will be provided upon the completion of campaign milestones,’ Clontarf explains.

Current stock price: 0.39 pence, down 9.1% on Monday

12-month change: up 2.9%

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