Shares soar as Valiant Petroleum completes drilling of Timon prospect

AIM-listed independent oil and gas company Valiant Petroleum has completed drilling of the Timon prospect located in the UK northern North Sea.

AIM-listed independent oil and gas company Valiant Petroleum has completed drilling of the Timon prospect located in the UK northern North Sea.

The company reported that the Upper Jurassic sands located in the area of the UK Northern North Sea known as blocks 211/11b and 211/16b had been found to be poorly developed in the target location.

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