Just a quick one here there’s a definite buzz around the market this morning carrying on from yesterday.
Unconfirmed rumours of further oil shows at the drill which is thought to be ahead of schedule and is on Encore’s last RNS just about half-way through the 20 day given time.
Take note that Nauticals’ sp is also rising which is further adding fuel to the rumours. Could be a big find about to be discovered here. But please remember it is as yet unconfirmed.
The operator has refused to confirm or deny the oil shows rumour but they are certainly rising on an expected rumoured further big oil discovery.