Petrolia NOCO: PL 882 Dry well in Dugong Tail

Published 08/10/2021

Our partner in PL 882, Petrolia NOCO, has issued this news message:

“Petrolia Noco AS (49.9 % owned) announces that drilling operations on the exploration well in Dugong Tail prospect in PL 882 license are now being concluded. The well is determined as a dry well and will be plugged and abandoned. More information on the final well result will be published by the Norwegian Petroleum Directorate in due course. Dugong licence-partners: Neptune Energy (operator and 45%), Petrolia Noco (20%), Idemitsu Petroleum Norge (20%) and Concedo (15%). This notice contains information which is considered inside information pursuant to the European Market Abuse Regulation. The notice has been published by Mr. Sølve Nilsen at 11:00 CEST on 8 October 2021. The notice is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act. Limassol 8 October 2021”