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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Origin Energy Limited | ASX:ORG | Australian Stock Exchange | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.05 | -0.46% | 10.84 | 10.79 | 10.89 | 10.95 | 10.79 | 10.80 | 3,746,546 | 07:50:00 |
By Adria Calatayud
London-listed shares in Falcon Oil & Gas Ltd. (FO.V) rose Wednesday after the company said that drilling results to date from the Kyalla 117 N2-1 appraisal well in Australia are encouraging.
The Dublin-based company, which is listed in Canada and the U.K., said its joint venture with Origin Energy Ltd. (ORG.AU) is now preparing to drill a horizontal section within the Kyalla formation. Once completed, the horizontal section will be fracture-stimulated and tested for production, Falcon said.
Falcon shares in London at 0854 GMT were up 10% at 13.68 pence.
Write to Adria Calatayud at adria.calatayud@dowjones.com
(END) Dow Jones Newswires
November 20, 2019 04:10 ET (09:10 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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