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Home Shares Longboat Vitality Shares Rise as Drilling Begins on Copernicus Properly in Norway

Longboat Vitality Shares Rise as Drilling Begins on Copernicus Properly in Norway

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Longboat Vitality Shares Rise as Drilling Begins on Copernicus Properly in Norway

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By Ian Walker

Shares of Longboat Vitality PLC rose 13% after the corporate mentioned that drilling has began on the Copernicus exploration properly in Norway.

Shares at 0957 GMT have been up 5.50 pence at 47.50 pence.

The London-listed oil-and-gas firm, which has a 10% curiosity within the properly, mentioned that drilling is anticipated to take eight weeks.

The properly is operated by PGNiG Upstream Norway AS.

Write to Ian Walker at ian.walker@wsj.com

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