Australia's Grand Gulf Energy climbs most in 2 weeks

Grand Gulf Energy

22/12/2021 04:44

** Oil and gas explorer's shares  GGE.AX  rise as much as
9.1% to A$0.02
    ** Company says it has completed the acquisition of
additional 30% of JV firm Valence Resources, which owns Red
Helium project in the U.S., by paying A$400,000 ($285,280.00)
 urn:newsml:reuters.com:*:nASX4J2lP0
    ** Stock posts biggest intraday pct gain since Dec. 8
    ** Company's shares have more than doubled this year, as of
last close 

 ($1 = 1.4021 Australian dollars)

 (Reporting by Harshita Swaminathan in Bengaluru)
 ((Harshita.Swaminathan@thomsonreuters.com))