BUZZ-Australia's 3D Energi hits over 7-year high on potential gas discovery in Victoria

Reuters11-17

BUZZ-Australia's <a href="https://laohu8.com/S/TDO.AU">3D Energi</a> hits over 7-year high on potential gas discovery in <a href="https://laohu8.com/S/VCCTF">Victoria</a>

** Shares of 3D Energi TDO.AX rise as much as 60.9% to A$0.185, their highest level since August 2018

** Stock last up 47.8%, heading for best day since November 2007, if current gains hold

** Energy co announces drilling results for its Essington-1 gas exploration well offshore Otway Basin, Victoria

** Says results show clear indications of gas-bearing sandstones in both the primary and secondary targets

** Stock up about 84% YTD, including the day's move

(Reporting by John Biju in Bengaluru)

((John.Biju@thomsonreuters.com;))

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