Australia's Stonehorse Energy rises on participation agreement with Canadian firm

Stonehorse Energy

21/07/2023 03:11

** Shares of Stonehorse Energy Ltd  SHE.AX  rise as much as
3.5% to A$0.015, their highest since July 14
    ** Oil and gas explorer enters into a participation
agreement with Canada-based Certus Oil & Gas Inc 
    ** Under the deal, co will earn 26.25% net working interest
in proposed Certus 1-27-33 liquids rich gas well in Canada
    ** Stock up 3.6% this year, as of last close

 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))