Gold Oil takes interest in Nancy Burdine field to 100 per cent

Gold Oil, an AIM-listed oil and gas exploration and production company, has increased its interested in the Nancy Burdine field to 100 per cent.

Gold Oil, an AIM-listed oil and gas exploration and production company, has increased its interested in the Nancy Burdine field to 100 per cent.

In a brief statement, the group said it will "now focus on optimising production from the field, establishing proper accounting procedures and on the extension of the field".

The share price has fallen 35% over the past year, equal to a loss of 0.96p in value.

NR

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