Australia's TMK Energy soars on new drilling contract with Canadian co

TMK Energy

25/09/2024 03:26

** TMK Energy  TMK.AX  soars as much as 33.3% to A$0.004
    ** Gas explorer signs drilling rig contract with
Canada-based Major Drilling Group International  MDI.TO  to
drill three production wells at the Lucky Fox Pilot Well project
in Mongolia
    ** More than 46.5 mln shares traded, 8.5x the 30-day avg, in
stock's busiest day since April 5
    ** TMK down ~53.3% YTD

 (Reporting by Nikita Maria Jino in Bengaluru)
 ((Nikita.Jino@thomsonreuters.com;))