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Byron boosts 1P reserves, share price follows

BYRON Energy has seen its share price shoot up 10% after announcing a boost to its production data and reserves, on the back of development of its SM69 E2 discovery well.

Jonathon Davidson
An offshore asset located within the boundaries of Byron's permit acreage

An offshore asset located within the boundaries of Byron's permit acreage

SM69 E2 has been drilled to a total depth of 8157 feet. The company owns a 100% interest in SM69 E2. Its three oil sands targets — the K, K4, and L2 Sands — sit alongside a fourth target, yet to be...

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