|Day Low/High||9.46 / 9.58|
|52 Wk Low/High||7.65 / 10.36|
The Warrior-2 exploratory well has confirmed the presence of hydrocarbons, volumes are being assessed.
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-- 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.
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.
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Trade-Ideas LLC identified Ecopetrol (EC) as a "perilous reversal" (up big yesterday but down big today) candidate
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