The London-listed junior’s share priceslipped early on Thursday following the decision to plug and abandon the firsttwo wells in the initial phase of drilling on its Rharb Centre permit.
The Al Krima 1 well was drilled to avertical depth of 1613 metres with three significant sand bodies encountered.
However, despite gas shows, the targetswere determined to be predominantly water-bearing and the discovery was labellednon-commercial.
It
