|
Baron Oil PLC - London-based oil & gas exploration and appraisal company - Says chosen location for Chuditch-2 well is 4.8 kilometres from Chuditch-1. Says Chuditch-2 will use a vertical well design to target a gas column of over 100 metres. It will be drilled in late 2024, with drilling expected to take 21 days. Adds water depth at Chuditch-2 location is 60 metres and the well to be drilled to 3,020 metres below mean sea level. Current stock price: 0.080 pence, up 1.7% 12-month change: down 12% Copyright 2023 Alliance News Ltd. All Rights Reserved.
|
