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'Well going well' for Anglo African Oil & Gas

Anglo African Oil & Gas PLC (LON:AAOG) tells Proactive London that their TLP-103C well last weekend encountered hydrocarbons in three targets...in other words, 'the well is going well' says Executive Chairman David Sefton with a broad smile.
The company said that the R1, R2 and R3 horizons were intersected, and they were as expected/in line with its geological models. Sefton talks us through his expectations for the three horizons now and counters some of those rumours swirling aboout on social media.

Quick facts: Anglo African Oil & Gas PLC

Price: 2.5 GBX

AIM:AAOG
Market: AIM
Market Cap: £9.91 m
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2 min read