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EXPLORATION

Byron hopes at Gulf of Mexico well dashed

ASX-LISTED junior oil producer and explorer Byron Energy hoped to make a major discovery at its South Marsh 58 exploration permit in the shallow waters of the US Gulf of Mexico, however today announced it had drilled a duster at its recently completed G2 well.

paul hunt
Byron hopes at Gulf of Mexico well dashed

  Byron Energy's share price sunk more than 30% on Monday morning as it delivered the bitter news that its G2 exploration well at its 100%-owned South Marsh 58 offshore Block did not hold commercial...

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