16th Jun 2015 08:38
LONDON (Alliance News) - Northcote Energy Ltd said Tuesday that drilling on its 70% owned Shoats Creek project in Louisiana is now scheduled for June 29, following a prolonged period of heavy weather.
Drilling of the well was delayed in May due to the heavy thunderstorms and rainfall.
Northcote said it will inform the market in due course once the well has been spudded.
Shares in Northcote are trading down 3.6% at 0.183 pence Tuesday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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