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IN BRIEF: Coro Energy aims to increase production of Italian portfolio

ALN

Coro Energy PLC - London-based gas explorer - Produces an average of 18,500 standard cubic metres of gas per day since the resumption of production at its Sillaro, Rapagnano, and Casa Tiberi projects in Italy on June 6. Revenue for the month of May totals €583,000. Company is gradually increasing production at Sillaro and is confident of sustaining increased production at the site despite high temperatures anticipated in the summer. Also expects production increases at Rapagnano following reperforation in summer.

Current stock price: 0.33 pence, down 7.0% on Thursday in London

12-month change: up 6.5%

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