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".

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

NR

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