Australia's Buru Energy hits over 2-year high on Ungani oil well update
29/12/2021 02:47
** Shares of oil and gas explorer BRU.AX rise as much as
7% to A$0.23, highest since Oct. 2019
** Co says https://www.asx.com.au/asxpdf/20211229/pdf/454m7mvswhvqh1.pdf
surface conductor and casing have been installed and pressure
tested at Ungani 8H well at Canning Basin in Western Australia
** BRU on track for its best day since Dec. 21
** Stock up 79.2% this year, as of last close
(Reporting by Dhriti Garg in Bengaluru)
((dhriti.garg@thomsonreuters.com))