KUALA LUMPUR (Dec 4): Reach Energy Bhd shares rose 4.62% in active trade after it announced yesterday that initial testing of the exploration well at North Kariman-3 (NK-3) in its Emir Oil concession block onshore Kazakhstan has yielded positive results.

At 9.18am, Reach added 1.5 sen to 34 sen with 5.94 million shares traded.

"The NK-3 well has been safely and successfully executed as budgeted," it said, noting that the well penetrated the target Mid-Triassic carbonate reservoirs, reaching a total depth of 4,140.66m.