Summary
SHARES in Melrose Resources rose 5per cent following an encouraging update on activity in Bulgaria from the oil and gas independent.
Edinburgh-based Melrose said a well drilled to appraise the Kaliakra discovery offshore the east European country found it could hold more gas than first thought and had increased confidence in the potential of the area.See the full content of this document
Extract
Melrose Rises On Bulgarian Drilling Update
The company said the Kaliakra No 2 well encountered 67 feet of net gas pay...
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