Scirocco Energy (SCIR)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

 0.28p
   
  • Change Today:
      0.000p
  • 52 Week High: 0.58
  • 52 Week Low: 0.23
  • Currency: UK Pounds
  • Shares Issued: 900.50m
  • Volume: 1,542,948
  • Market Cap: £2.48m
  • RiskGrade: 514

Solo Oil looking forward to second Tanzania well

By Frank Prenesti

Date: Monday 08 Jan 2018

LONDON (ShareCast) - (ShareCast News) - Solo Oil said Aminex, the operator of its Ruvuma petroleum sharing contract, was progressing towards drilling a on the Ntorya gas field in Tanzania.
In a statement, Solo said Aminex was actively engaged with the Tanzanian authorities and third party engineering firms on advanced well planning and drilling management plans.

At the producing Kiliwani North gas field, where Aminex is also the operator, Solo said the North-1 well produced an aggregate 95m cubic feet of gas in December, without intervention.

Total gross production from the well in 2017 was 3.6bn cubic feet ("bcf"). In order to maximise recovery from Kiliwani North-1 Aminex and the Tanzania Petroleum Development Corporation are cooperating on the installation of compression facilities, Solo added.

"Aminex has advised that they are currently reprocessing existing seismic data over the Kiliwani North block and the adjoining Nyuni Area acreage close to the Songo Songo Island gas processing plant with the aim of identifying potential new drilling targets which could be brought on stream relatively quickly and would supplement gas production from the existing Kiliwani North-1 well," the company said.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

SCIR Market Data

Currency UK Pounds
Share Price 0.28p
Change Today 0.000p
% Change 0.00 %
52 Week High 0.58
52 Week Low 0.23
Volume 1,542,948
Shares Issued 900.50m
Market Cap £2.48m
RiskGrade 514

SCIR Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
67.94% above the market average67.94% above the market average67.94% above the market average67.94% above the market average67.94% above the market average
63.16% above the sector average63.16% above the sector average63.16% above the sector average63.16% above the sector average63.16% above the sector average
Price Trend
64.33% below the market average64.33% below the market average64.33% below the market average64.33% below the market average64.33% below the market average
20.99% below the sector average20.99% below the sector average20.99% below the sector average20.99% below the sector average20.99% below the sector average
Income Not Available
Growth Not Available

SCIR Dividends

No dividends found

Trades for 25-Apr-2024

Time Volume / Share Price
08:18 750,000 @ 0.30p
08:17 30,000 @ 0.26p
08:15 12,125 @ 0.26p
08:11 17,000 @ 0.26p
08:05 1,987 @ 0.26p

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