Good news flows out of US

AUSTRALIA-listed investment company Verus Investments' participation in Texas has started to reap rewards with its shares jumping 16% this morning following a gas discovery at the Bongo prospect.

Good news flows out of US Good news flows out of US Good news flows out of US Good news flows out of US Good news flows out of US

OB Ranch-1 was drilled on the Bongo prospect by operator Caza Oil & Gas and intersected hydrocarbon-bearing sands with potentially significant gas and condensate between 12,400-12,900 feet.

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