|Day Low/High||9.47 / 9.78|
|52 Wk Low/High||7.65 / 10.36|
-- The exploratory well Gorgon-1 showed gas presence in two different exploration targets, which preliminary results pointed out gas net intervals add up to 80 - 110 meters.
- The finding occurred at the Boranda-1 well, at a depth of 3.6 kilometers. The region shows oil sands with a total thickness of 40 meters.
Ecopetrol America Inc. holds 20% of the block operated by Anadarko.
The oil cartel will reduce energy output at its next meeting in November, according to reports.
Lots of energy names facing the potential for lower prices.
These stocks pay generous dividend yields, but they have fundamental problems.