Wilton Resources Says No Exploration Activity for Indonesian Unit in Q3; Shares Surge 14%

MT Newswires10-14

Wilton Resources (SGX:5F7) said its Indonesian subsidiary, PT Wilton Makmur Indonesia, did not carry out any exploration activity during the third quarter of the year, according to a filing with the Singapore Exchange on Friday.

Wilton Makmur Indonesia is currently focused on the commercial production of its floatation and carbon-in-leach processing facility, the facility said.

Shares of the oil and gas exploration company surged over 14% in recent trading.

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