Australia's Kinetiko Energy eyes best day in over a month on gas findings

Kinetiko Energy

24/01/2022 04:46

** Shares of the natural gas exploration co  KKO.AX  climbs as
much as 8.2% to A$0.092, on track for their sharpest single day
pct jump since Dec. 23 
    ** Co says each of the three wells under the Korhaan project
located in South Africa show strong gas observations 
 urn:newsml:reuters.com:*:nASX7Jj7Rj
    ** KKO says Korhaan Project wells achieve 100% success rate
in gas discovery
    ** Shares hit their highest levels since Jan 14 
    ** More than 722,300 shares change hands as compared with
the 30-day average volume of ~211,900 shares  
    ** Stock has fallen 38.7% in 2021 


 (Reporting by Roushni Nair in Bengluru)
 ((Roushni.Nair@thomsonreuters.com;))