WGO 0.00% 35.5¢ warrego energy limited

We Have Reached the Promised Land, page-330

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    brick‏ @jatijoch 18h18 hours ago (twitter)

    $PRL #PetrelEnergy #oilandgas #Uruguay "POTENTIAL OF THESE INITIAL RESULTS SHOULD NOT BE UNDERESTIMATED-EXCELLENT" https://www.teledoce.com/telemundo/nacionales/una-de-las-empresas-que-busca-hidrocarburos-en-uruguay-califico-de-excelentes-los-resultados-iniciales/ …



    Via google translate:

    One of the companies seeking hydrocarbons in Uruguay called the initial results "excellent"

    "It's an important step to redefine oil prospecting."

    Petrel, one of the partners in the search for hydrocarbons in Uruguay, described the initial results of the surveys as "excellent" Petrel Energy holds 51% of the concession in the search for hydrocarbons in Uruguayan soil. The remaining 49% belongs to Schuepbach Energy. A statement released Monday by the company explains that "while the discovery alone is modest, it is an important first step in redefining oil and gas prospecting in the area." According to one of Petrel's directors, "while a deeper assessment is needed to understand the full potential of these excellent initial results, their importance as a first finding at the hands of the group should not be underestimated." Petrel Energy shares rose 125% on Monday after the announcement of the finding.
    Last edited by hkhf: 26/10/17
 
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