sur Trans Canada Gold Corp. (isin : CA8931291063)
Trans Canada Gold Corp. Hits Eleven Months of Consistent Oil Production
VANCOUVER, BC / ACCESSWIRE / September 12, 2024 / Trans Canada Gold Corp. (TSX-V:TTG)(OTCQB:TTGXF) has announced its eleventh consecutive month of steady oil production for August 2024. The company also completed drilling its second multilateral well targeting the GP Oil Reservoir.
Since October 2023, the company's first multilateral well in the Sparky reservoir has yielded over 60,000 barrels of oil. The sales process has been streamlined, with trucking and oil sales to Altex contributing to consistent production figures, which will be released soon.
The second multilateral well, completed in August/September, marks another milestone. All legs were successfully completed and drilling fluids are being recovered. Additional lands acquired in the Area of Mutual Interest will offer more opportunities for multilateral wells.
President & CEO Tim Coupland expressed excitement about the continued steady production and future drilling opportunities, especially given the high oil prices supported by the operational TMX pipeline.
R. E.
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