Gaelic Resources has announced that drilling on its Aljubarrota number one well in Portugal has reached terminal depth and indications of hydrocarbons have been enountered. A well-testing programme will commence shortly to determine if gas or oil can be produced in commercial quantities. Gaelic Resources has a 25 per cent interest in the well through its subsidiary, European Hydrocarbons.
Gaelic drilling results
Gaelic Resources has announced that drilling on its Aljubarrota number one well in Portugal has reached terminal depth and indications…
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