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Falkland Oil Slumps as Much as 65% After Abandoning Well

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July 12 (Bloomberg) -- Falkland Oil & Gas Ltd. slumped as much as 65 percent in London trading after the Toroa F61/5-1 exploration well failed to find hydrocarbons.

The well will be plugged and abandoned. Link to Company News:{FKL LN <Equity> CN <GO>}

To contact the editor responsible for this story: Stephen Cunningham at scunningha10@bloomberg.net

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