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President strikes Louisiana pay

UK-listed President Energy said it has hit about nine metres of net oil bearing pay while drilling a well at its East White Lake field in Louisiana.

Louisiana scores: President Energy has hit a nine metre net oil pay while drilling in the East White Lake field
Louisiana scores: President Energy has hit a nine metre net oil pay while drilling in the East White Lake field
Published 30 January 2013, 08:26Updated 30 January 2013, 08:26