Australia's Brookside Energy rises as Maroons Well project kick-starts drilling

Brookside Energy

03/04/2024 05:20

** Shares of Brookside Energy  BRK.AX  rise as much as 10.7%
to A$0.016, their highest since May 30, 2023
    ** The oil and gas producer says Iginla Well has been cased,
and the drilling has started for Maroons Well in southern
Anadarko Basin
    ** Stock posts its biggest intraday percentage gain since
March 27
    ** About 37.3 mln shares change hands, 5.4x the 30-day avg
volume
    ** Stock up 40% YTD, as of last close

 (Reporting by Neha Soni in Bengaluru)
 ((Neha.Soni@thomsonreuters.com))