We've moved
We have moved Trading Desk to a new home with better features and a new design! You can visit it directly, or subscribe to the RSS or Atom feeds
You can also visit our brand new home pages, www.nationalpost.com and www.financialpost.com
New blog address: http://network.nationalpost.com/np/blogs/tradingdesk/default.aspx
RSS: http://network.nationalpost.com/np/blogs/tradingdesk/rss.aspx
ATOM: http://network.nationalpost.com/np/blogs/tradingdesk/atom.aspx
Visit Trading Desk
Vast Exploration soars on production sharing contract
Posted on May 21, 2008
Vast Exploration Inc. shares jumped more than 130% Wednesday morning after the company announced that it has entered into a production sharing contract alongside partner Niko Resources Inc. with the Kurdistan regional government in Iraq.Vast stock was up 46 to 79 at 10:00 a.m. ET., with more than 3 million shares so far trading hands. Meanwhile, Niko shares were up 79 to $98.84. As part of the agreement, Vast will explore, develop and produce petroleum resources in the 846 square kilometre Qara Dagh Block in theSulaymaniya Governorate of the Federal Region of Kurdistan. Vast said the...
Original article link
Subscribe to Trading Desk