Australia's Elixir Energy rises on Omega stake purchase

Omega Oil & Gas

25/11/2025 03:52

** Shares of gas exploration and development co Elixir Energy EXR.AX rise 11.9% to A$0.047, their highest level since November 17
** Co says Omega Oil & Gas OMA.AX has agreed to invest up to A$14.6 million ($9.42 million) for a 19.43% stake in co
   ** OMA rises 1.4% to A$0.365

** About 7.6 mln EXR shares change hands, 3.3x 30-day average of 2.3 mln
** Stock up 4.6% YTD

($1 = 1.5492 Australian dollars)

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

 ((Jasmeenaraislam.shaikh@thomsonreuters.com ))