Bankers Petroleum draws a blank in Albania

Canadian oil and gas exploration outfit Bankers Petroleum has suspended drilling on its Ardenica exploration well in block F in Albania after it came up dry.

Canadian oil and gas exploration outfit Bankers Petroleum has suspended drilling on its Ardenica exploration well in block F in Albania after it came up dry.

Drilling reached a total depth of 2,030 metres on April 11th. Subsequent petro-physical and drilling data indicates that the well penetrated several thick porous sands but did not encounter any hydrocarbon shows that would merit testing.

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