Australia's Galilee Energy rises on record-high natural gas output at Glenaras well
31/05/2021 04:14
** Oil and gas explorer's shares GLL.AX rise as much as
2.7% to A$0.755
** Co's posts rise in production from its Glenaras
multi-well pilot programme in Galilee Basin in central
Queensland
** Says avg natural gas rate increased to ~70 mln standard
cubic feet per day in aggregate, highest recorded by co to date
urn:newsml:reuters.com:*:nNDL9NPWql
** Stock posts biggest intraday pct gain since May 24
** GLL up 6.5% this year, as of last close
(Reporting by Aditya Munjuluru in Bengaluru)
((aditya.srivastsav@thomsonreuters.com))