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Columbus Energy Resources PLC

Columbus Energy Resources updates on drilling in South West Peninsula

"The company is continuing with the detailed planning for the drilling of a well in the South West Peninsula, Trinidad,” said executive chairman Leo Koot.

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A successful well in the South West Peninsula will transform the company, says Columbus

Columbus Energy Resources PLC (LON:CERP) said it is seeking permits and negotiating contracts necessary to drill the Saffron and Clove prospects identified in the South West Peninsula, Trinidad.

The group said a final decision as to which prospect to drill will be made closer to the spud date. 

"The company is continuing with the detailed planning for the drilling of a well in the South West Peninsula, Trinidad,” said executive chairman Leo Koot.

He added: "A successful well in the South West Peninsula will transform the company and we look forward to keeping our shareholders updated as to progress."  

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Price: £0.03

Market: AIM
Market Cap: £23.85 m
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Columbus Energy's Koot details upcoming drill programme and significant new deal

Leo Koot, chief executive of Columbus Energy Resources PLC (LON:CERP), talks Proactive London's Andrew Scott through the plans for an upcoming drill campaign on the South West Peninsula as well as touches on some of the early detail around an 'exclusive M&A deal' which he's currently...

on 17/4/19

2 min read