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IamFire plc

US oil, gas rig count up 15 on week

The US oil and gas rig count rose by 15 to 308 in the week ending Sept. 23, rig data provider Enverus said, marking the largest weekly gain in the more than six months since the current industry downturn began.

The week-on-week increase brought the nationwide rig count, which had been rangebound in low 280s to the mid-290s for 14 weeks, above 300 for the first time since early June.

IamFire plc (LON:FIRE) is an Investment Issuer Listed on the AQSE Growth Market Exchange. The company has an investment strategy focused on the identification of opportunities in Life Sciences, Technology & Natural Resources.

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