Barents Sea Heilo Probe is a No-Show

摘要

Norwegian minnow Rocksource and com-patriots North Energy and Front Explorationhave all seen their share prices tumble afterdisappointing results from the keenly await-ed Heilo probe offshore Hammerfest in Bar-ents Sea license PL 530 (IOD Sep.22’11).Rocksource, which holds a 20% stake inthe GDF Suez-operated license, northeast ofthe producing Snohvit gas field, said thisweek that the two main reservoirs and one ofthe secondary targets in the Heilo well off-shore Norway did not encounter hydrocar-bons.