STOCK WATCH

SHARES in gas producer Tlou Energy rallied after the firm said it had found huge gas reserves in two of its projects in Botswana.

The AIM-listed company said yesterday its gas reserves have increased around 1,000pc following the discovery.

Tony Gilby, the company’s managing director, said: ‘We believe that the Lesedi and Mamba projects represent a very valuable resource for Tlou’s shareholders.’

Shares gushed 14.7pc, or 1.25p, to 9.75p.