Leni climbs on Trinidad well news


listed energy explorer Leni Gas and Oil, which lost a court case earlier this year against peer Mediterranean Oil and Gas over its sale of an asset off Malta, saw its share price soar 37 per cent yesterday after an encouraging well update. The firm said the first well in a drilling programme in Trinidad is producing 240 barrels of oil per day. A second development well has been drilled and has encountered oil-bearing sandstones.