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Ivanhoe Energy Shares up on Mongolia Drilling Success
Aug. 16, 2011 11:24AM PST
Oil and Gas InvestingReuters Canada reports that Ivanhoe Energy Inc (TSE:IE) announced that it plans to drill two wells at its Nyalga Block XVI in Mongolia.
Reuters Canada reports that Ivanhoe Energy Inc (TSX:IE) announced that it plans to drill two wells at its Nyalga Block XVI in Mongolia.
The market news is quoted as saying:
The Calgary, Alberta-based company’s shares were trading up about 7 percent at C$1.75 on Tuesday morning making it one of the top percentage gainers on the Toronto Stock Exchange.
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