Setback for Petrobras as MEO declares 'no gas' at Artemis-1

MEO Australia said today a key exploration well offshore Western Australia didn't find any gas, sending its shares down nearly 65 per cent.
MEO said the Artemis-1 exploration well near the established Pluto and Wheatstone gas fields didn't find hydrocarbons in its target zone after reaching a full depth of 3500 meters.
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Source: The Australian