Coro Energy (CORO)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

 0.28p
   
  • Change Today:
      0.000p
  • 52 Week High: 0.75
  • 52 Week Low: 0.24
  • Currency: UK Pounds
  • Shares Issued: 2,111.62m
  • Volume: 553,221
  • Market Cap: £5.86m
  • RiskGrade: 570

Saffron Energy clinches third production concession from Italian government

By Ikaba Koyi

Date: Tuesday 17 Oct 2017

LONDON (ShareCast) - (ShareCast News) - Natural gas producer Saffron Energy clinched a production concession for its Sant' Alberto gas field in Northern Italy from the Italian government, the company reported on Tuesday.


According to the company, the Sant' Alberto production concession, awarded by the Italian Ministry of Economic Development, contained 2P reserves of 2bn cubic feet with production capability expected to peak at approximately 29,500 standard cubic metres per day.

Significantly, the Alberto licence would only require simple development, involving the installation of a modular gas processing facility and connecting it to the Italian national grid.

Completion of the development and first production were expected to take place during the first half of 2018.

Sant' Alberto would be Saffron's third granted production concession, alongside the EnergSillaro Gas field near Bologna, and the Bezzecca Gas field located near Milan.









Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Coro Energy Market Data

Currency UK Pounds
Share Price 0.28p
Change Today 0.000p
% Change 0.00 %
52 Week High 0.75
52 Week Low 0.24
Volume 553,221
Shares Issued 2,111.62m
Market Cap £5.86m
RiskGrade 570

Coro Energy Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
24.2% below the market average24.2% below the market average24.2% below the market average24.2% below the market average24.2% below the market average
23.46% above the sector average23.46% above the sector average23.46% above the sector average23.46% above the sector average23.46% above the sector average
Price Trend
97.59% below the market average97.59% below the market average97.59% below the market average97.59% below the market average97.59% below the market average
97.83% below the sector average97.83% below the sector average97.83% below the sector average97.83% below the sector average97.83% below the sector average
Income Not Available
Growth Not Available

Coro Energy Dividends

No dividends found

Trades for 27-Jul-2021

Time Volume / Share Price
14:28 52,729 @ 0.28p
14:14 182 @ 0.27p
12:28 500,000 @ 0.28p
12:06 310 @ 0.27p

Coro Energy Key Personnel

CEO Mark Hood

Top of Page