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Wildcat Petroleum shares double after trading suspension lifted

Shares in Wildcat Petroleum (LSE:WCAT) surged 115% on Thursday after the London-listed company had its stock restored to trading on the main market.

The suspension was lifted at 7:30 am, returning the oil and gas investment vehicle to the Official List’s shell company category.

Wildcat is targeting opportunities in the upstream petroleum sector, covering exploration and early-stage development projects.

The stock rose 0.059p to 0.11p.