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Saturday, November 21, 2009 8:20 AM

Published 11/06/2009 by Reuters UK


STOCKS NEWS EUROPE-Xtract Energy down; well testing suspended

Shares in exploration company Xtract Energy (XTR.L) sink more than 20 percent and to their lowest level since August after the company says that its Turkish joint venture Extrem Energy has suspended testing on its Alasehir-1 well.

The company says in a statement: 'Well conditions...

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What others report on the same story

Xtract Energy’s Turkish JV Extrem moves on afte...
Xtract Energy identifies and invests in a diversified portfolio of early stage energy sector technologies and businesses with very significant growth potential. ... - [11/06/2009 - Proactive Investors.co.uk]
Xtract Energy’s Turkish JV Extrem moves on afte...
Xtract Energy PLC (AIM: XTR) said its Turkish joint venture group Extrem Energy AS, in which it holds 34 percent, yesterday suspended testing work on the Alasehir-1 ... - [11/06/2009 - Proactiveinvestors United Kingdom RSS feed]

Quotes

...in a statement: "Well conditions encountered were worse than expected and several attempts to repair the cement bonds were not successful."
STOCKS NEWS EUROPE-Xtract Energy down; well testing suspended [Reuters UK - 11/06/2009]

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