20/04/2000
Following the successful completion of the merger with Gaelic Resources, Desire has set aside 2000 for the exploration of gas within the EU. The decision to focus on Gaelic's gas prospects in Portugal accompanied news that full-year losses had been trimmed by 75% to £2.2m. Drilling has begun at the Aljubarrota 3 well, with results expected shortly. However, a reassessment of its offshore Falklands interests has not been ruled out completely.
| Market cap: | £34.5m |
| PE Forecast: | n/a |
| Share price: | 33.5p |
Related Articles:
|
| 06/07/1999
|
People who read this article also read ...
|
| 21/06/2001
|
| 22/09/2000
|
Manage Your Finances
Money, tax and benefits : your official guide.
