OB:BWEOil and Gas
BW Energy (OB:BWE): Assessing Valuation Following Encouraging Kharas-1 Hydrocarbon Discovery Update
BW Energy (OB:BWE) has updated investors on the Kharas-1 appraisal well in the Kudu license, reporting several intervals that show hydrocarbon presence. The well reached total depth, and ongoing analysis and additional work are planned to clarify reservoir potential.
See our latest analysis for BW Energy.
Following this encouraging update from the Kharas-1 well, BW Energy’s momentum is hard to ignore. The stock’s year-to-date share price return sits at an impressive 63.75%, and the one-year...