Noreco 'fails to hit pay' at Eik

Norwegian explorer Noreco saw its share price take a hit on Wednesday after it reported that its Eik wildcat being drilled in the Barents Sea appeared to be dry, continuing a run of dusters for the company.

Coming up dry: Transocean Barents
Coming up dry: Transocean Barents
Published 18 April 2012, 07:39Updated 6 October 2016, 10:44