Australia's TMK Energy up on higher production from pilot well program

TMK Energy

08/01/2024 03:03

** Shares of TMK Energy  TMK.AX  Limited  RIC  rise as much
as 16.7% to 0.007, their biggest intraday pct gain since Dec. 21
    ** Oil and gas explorer says production from three Lucky Fox
pilot was up 50% in December 2023 compared with November 2023 
    ** About 25.7 mln shares change hands, vs 30-day average
volume of 3.3 mln shares
    ** Stock fell 50% last year, its worst year since 2018

 (Reporting by Neha Soni in Bengaluru)
 ((Neha.Soni@thomsonreuters.com))