Reach Energy rises 7% on drilling in Kariman


KUALA LUMPUR: Shares of Reach Energy Bhd rises 5.88% in early trade Tuesday after the company announced it started drilling first exploration well in Kazakhstan-based Kariman field as part of its Emir-Oil’s exploration commitment.

The counter gained 7.06%, or three sen to 45.5 sen. It is one of the most heavily traded counters with over 13.1 million shares done.

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