Lundin strikes oil, hits new peak

Lundin Petroleum AB (T.LUP) hit a new 52-week high of $14.96 Wednesday. Lundin Petroleum announced that the second appraisal well, 16/2-7, has confirmed the extension of the Avaldsnes field approximately 5.5 kilometres south of the 16/2-6 discovery well and 4.5 kilometres south-west of the first appraisal well 16/3-4.

The Avaldsnes field is located in licence PL501 on the Norwegian Continental Shelf and is in communication with the recently announced Aldous Major South discovery in PL265 to the west.

Kirkland Lake Gold Inc. (T.KGI) hit a new 52-week high of $19.95 Wednesday. No news announcements today

Scorpio Mining Corporation (T.SPM) hit a new 52-week high of $2.43 Wednesday. No news announcements today

Richmont Mines Inc. (T.RIC) hit a new 52-week high of $11.03 Wednesday. No news announcements today

Keyera Corp. (T.KEY) hit a new 52-week high of $46.46 Wednesday. No news announcements today

AltaGas Ltd. (T.ALA) hit a new 52-week high of $27.48 Wednesday. No news announcements today

Black Diamond Group Limited (T.BDI) hit a new 52-week high of $16.18 Wednesday. No news announcements today

Elemental Minerals Limited (T.ELM) hit a new 52-week high of $1.57 Wednesday. No news announcements today

Karnalyte Resources Inc. (T.KRN) hit a new 52-week high of $14.50 Wednesday. No news announcements today

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