Australia's Brookside Energy rises as co tops production rate

Brookside Energy

11/05/2023 03:24

** Shares of Australia's Brookside Energy Ltd  BRK.AX  rise
as much as 14.3% to A$0.016
    ** Stock hits highest level since May 2
    ** Co says its Wolf Pack well reached peak production rate
(IP24) of 2,034 barrels of oil equivalent per day
    ** Output results in co's highest IP24 rate to date
    ** Co says, at current pricing these gross volumes deliver
in excess of $7.9 mln in revenue 
    ** Including session's gains, stock extends YTD rise to
45.5%

 (Reporting by Nausheen Thusoo in Bengaluru)
 ((Nausheen.Thusoo@thomsonreuters.com;))