Australia's Byron Energy hits 9-mth high on robust oil production
28/11/2023 04:33
** Shares of Byron Energy BYE.AX advance as much as 9.52%
to A$0.115, their highest level since Jan. 13
** Stock posts its biggest intraday pct gain since Nov. 1
** Oil and gas producer says its net daily oil production is
up more than 60% since July as a result of its recent drilling
campaign
** Adds, co has increased daily net oil production to more
than 2,000 barrels
** More than 1.2 mln shares change hands, compared with the
30-day average volume of 376,826 shares
** Stock down 8.7% so far this year
(Reporting by Megha Rani in Bengaluru)
((Megha.Rani2@thomsonreuters.com;))