Clontarf Energy Plc (LON:CLON) has been reiterated to Corporate in a statement by Northland Capital earlier today.
- Updated: October 15, 2016
Northland Capital has reiterated Clontarf Energy Plc (LON:CLON) to Corporate in a statement released on Thursday October 13, 2016.
Boasting a price of 0.59GBX, Clontarf Energy Plc (LON:CLON) traded -3.48% lower on the day. With the last stock price close up 43.91% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Clontarf Energy Plc has recorded a 50-day average of 0.57GBX and a two hundred day average of 0.39GBX. Volume of trade was down over the average, with 8,148,751 shares of CLON changing hands under the typical 13,406,300
With a total market value of 0 GBX, Clontarf Energy Plc has with a one year low of 0.13GBX and a one year high of 1.08GBX .
Brief Synopsis About Clontarf Energy Plc (LON:CLON)
Clontarf Energy plc is a United Kingdom-based oil and gas exploration and production company focused on Africa and South America. The Company operates through two segments: Peru and Ghana. It holds interest in countries, including Peru, Ghana and Bolivia. In Peru, the Company holds approximately 3% royalty on hydrocarbon production arising from Block 183 in central Peru. The Block 183 has over two oil and gas prospects in anticlines associated with the Sarayaquillo sandstones (Chipurana and Alfaro) located in the Maranon Basin. The Block 183 covers approximately 396,830 hectares. The Block 183 in central Peru holds approximately 2.2 trillion cubic feet (TCF) of potential gas reserves. In Ghana, the Company holds interest in an offshore license, Tano 2A Block. The Tano 2A Block covers an area of approximately 1,530 square kilometers. In Bolivia, the Company holds stakes in projects, including El Dorado and Monteagudo. Its subsidiaries include Petrolex SA and Bolivian Hydrocarbons Ltd.
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