BUZZ-Australia's 3D Energi soars on gas target discovery
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Shares of Australia's 3D Energi (TDO.AX) surged 13.5% to A$0.147, marking the largest intraday gain in a month, after discovering unexpected gas targets at the Charlemont-1 well. Drilling is paused for ConocoPhillips Australia to assess well design adjustments. ConocoPhillips holds a 51% stake, while Korea National Oil Company and 3D Energi own minority stakes. The stock is up 52.2% YTD.
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