GASX:CC - Dually-Listed Energy Company Finds Midweek Success

2023-09-20 17:33:25 ET

An energy company based out of Vancouver found tremendous success on Wednesday after the company announced the completion of the third Drill Stem Test (DST-3) at the Aruchara-3 well in the recently identified H4 Zone of the Jimol Medium Formation.

The results of the test had traders caught up in a frenzy as they snatched up shares of %NGEnergyInternational (TSXV: ) (OTCQX: ) with shares trading on the Canadian side closing up at $1.26/share (+10.53%) while shares trading OTC closed up at $0.93/share (+13.00%). This price move is an extreme continuation of the success this stock has had over the last 3 months.

NG Energy International Corp is an oil and gas company. It is engaged in the business of exploration and development of oil and gas. The company derives key revenue from the sales of oil and natural gas.