China Dolls are delighted to read that one of their "languishing" shares has published news of an oil find off the West Coast of Africa.
Details of their find were issued yesterday, making a significant impact on their share price on the day. We are keeping a close eye on this share and hoping for more good news in the second half on 2019.
Paul McDade, Chief Executive Officer, commented today:
“This substantial and high value oil discovery in Guyana is an outcome of the significant technical and commercial focus which has underpinned the reset of our exploration portfolio. It is an excellent start to our drilling campaign in the highly prolific Guyana oil province. We look forward to drilling both the Joe and Carapa prospects in our 2019 drilling campaign and the material follow-up exploration potential in both the Orinduik and Kanuku licences.”