The company has a 75% interest in the Lixus license where Anchois is located. The drilling operations located and coupled the wellhead for Ancois-1, while works have been suspended on Anchois-2, with extensive data being now analyzed in the laboratory.
Horizontal resistance at 16p, this now needs to clear the Orange falling channel and resume its rise within the wider green channel. Buy the breakout or (likely) retest.