Encore shares rise despite delay
EnCore Oil's share price rose 1.94% to 79p despite the firm announcing that operations on the Tudor Rose well 14/30a-5 in Central North Sea block 14/30a had been delayed by 13 days as a result of bad weather and minor operational delays.
EnCore Oil's share price rose 1.94% to 79p despite the firm announcing that operations on the Tudor Rose well 14/30a-5 in Central North Sea block 14/30a had been delayed by 13 days as a result of bad weather and minor operational delays.
It had previously been announced that the well was expected to take 20 days.
EnCore is the licence operator and owns 40%, alongside Endeavour Energy, EnQuest and Nautical Petroleum, which each own 20%.
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