Coro Energy Plc Updates On Drilling Operation In The Duyung Production Sharing Contract

  • Oct 25, 2019 BST
  • Team Kalkine
  • Coro Energy Plc (CORO) has come up with an update on operation for the drilling operation in the Duyung Production Sharing Contract.
  • The operator of the well has informed the DST (Drill Stem Test) efforts across the intra-Muda reservoir have not been successful, due to formation damage.
  • The company holds 15 per cent interest in the contract, which is situated in West Natuna Basin, offshore Indonesia.
  • On 25th October 2019, at the time of writing, GMT 11:55 AM, CORO shares were trading at GBX 2.50, down by 0.33 points or 11.50 per cent against the previous day closing price.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK