Australia's Strike Energy hits 1-month high on gas discoveries

Strike Energy

03/09/2024 02:26

** Shares of Strike Energy  STX.AX  rise as much as 5.13% to
A$0.21, their highest level since Aug. 2 
    ** The natural gas explorer discovers two high quality, low
impurity conventional gas in the Erregulla Deep-1 exploration
well in the Perth Basin
    ** About 54.7 mln shares change hands by 0120, 6 times the
30-day average volume of shares
    ** Stock has fallen 59.4% this year as of last close

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))