Well 36/1-3 encountered 55 metres of reservoir rocks with good to very good quality in the Agat formation. The well was dry. Presto was a 160 mmboe prospect in which Cairn holds 30%.
03 Apr 2019
FLASH: Dry hole in Norway
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FLASH: Dry hole in Norway
Capricorn Energy PLC (CNE:LON) | 168 0 0.0% | Mkt Cap: 154.2m
- Published:
03 Apr 2019 -
Author:
Stephane Foucaud -
Pages:
2
Well 36/1-3 encountered 55 metres of reservoir rocks with good to very good quality in the Agat formation. The well was dry. Presto was a 160 mmboe prospect in which Cairn holds 30%.