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Genel plugs and abandons Ivory Coast well

The completion of Genel Energy's (LON:GENL) committed Ivory Coast drill programme ended with finding no hydrocarbons at the Aigle-1X well.

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The offshore well is now being plugged and abandoned, the firm told a brief regulatory statement today...

The completion of Genel Energy's (LON:GENL) committed Ivory Coast drill programme ended with finding no hydrocarbons at the Aigle-1X well.

The offshore well is now being plugged and abandoned, the firm told a brief regulatory statement today.

The well lies on the CI-508 offshore licence, in which Genel has a 24% working interest.

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Price: 198.2 GBX

LSE:GENL
Market: LSE
Market Cap: £550.9 m
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