sur Trans Canada Gold Corp. (CVE:TTG)
Trans Canada Gold Corp. Reports Oil Shipment and Prepares for New Drilling Program
Trans Canada Gold Corp. has completed steady oil production in June, July, and August 2025. The company's Lloydminster multilateral well produced a total of 7,239 barrels during these months. With Croverro Energy Ltd. as the operator, production shipping and sales began on a newly drilled well in October 2023. The company owns an 18.75% working interest in this well.
Approval has been granted for a new 7 leg-multilateral well near Lloydminster, Alberta. Drilling is planned for fall 2025, contingent on stable oil prices and rig availability. Trans Canada's expected drilling costs are $1.9 million, funded through production cash flow.
Tim Coupland, CEO, expressed optimism about increased production in 2025 and further exploration opportunities in central Canada and the U.S.
R. E.
Copyright © 2025 FinanzWire, tous droits de reproduction et de représentation réservés.
Clause de non responsabilité : bien que puisées aux meilleures sources, les informations et analyses diffusées par FinanzWire sont fournies à titre indicatif et ne constituent en aucune manière une incitation à prendre position sur les marchés financiers.
Cliquez ici pour consulter le communiqué de presse ayant servi de base à la rédaction de cette brève
Voir toutes les actualités de Trans Canada Gold Corp.