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IOG gets unwelcome Skipper results

London-listed Independent Oil & Gas (IOG) has found unexpected results after drilling its first operated appraisal well on its Skipper oil discovery in the Northern North Sea, plunging the company’s shares.

Appraisal: the well on the Skipper field is being drilled using the semi-submersible Sedco 704
Appraisal: the well on the Skipper field is being drilled using the semi-submersible Sedco 704
  • Anamaria Deduleasa
Published 30 September 2016, 07:41Updated 25 October 2016, 15:26
Europe