Date: Friday 04 May 2012
Niche Group, an oil and gas focused investment company, has reported that two of its part-owned wells in the Hatay region in the Iskenderun Basin, onshore south east Turkey, have encounted gas shows, but neither is likely to prove commercially vaible. Well Ciftlik-1 was tested at three invtervals, but no gas flowed to the surface, indicating reservoir quality sandstones were not developed at this location. Well Kastal-1 encountered 'significant' gas shows, but was suspended for well-control reasons. The firm said it is likely the well will be abandoned.
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| Currency | UK Pounds |
| Share Price | 468.75p |
| Change Today | 4.75p |
| % Change | 1.02 % |
| 52 Week High | 628.50p |
| 52 Week Low | 400.00p |
| Volume | 229,410 |
| Shares Issued | 40.78m |
| Market Cap | £191.13m |
| Beta | 0.51 |
| Value |
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| Price Trend |
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| Income | ![]() |
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| Growth |
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| Strong Buy | 6 |
| Buy | 0 |
| Neutral | 3 |
| Sell | 0 |
| Strong Sell | 0 |
| Total | 9 |

| No dividends found |
| Time | Volume / Share Price |
| 17:07 | 3,403 @ 467.47p |
| 17:07 | 454 @ 468.87p |
| 16:35 | 1,150 @ 468.75p |
| 16:28 | 45 @ 468.50p |
| 16:28 | 17 @ 468.50p |
| CEO | Peter Buchanan |
| CFO | Mark Jonathan Lewis |
| COO | Paul J. Mann |
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