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Trans Canada Gold Corp V.TTG

Alternate Symbol(s):  TTGXF

Trans Canada Gold Corp. is a discovery focused oil and gas resource development and mineral exploration company. The Company is focused on developing its production of conventional heavy oil exploration opportunities. The Company identifies, acquires, and finances the acquisition of gold exploration properties and the ongoing development of mining and oil and gas assets primarily situated in Canada. The Company is permitting and developing its Pickle Lake gold exploration property. Its Trans Canada Gold Project is located to the northwest of Dryden, Ontario. These areas collectively comprise the Trans Canada Gold Project and encompass a contiguous area of approximately 14,880 hectares. Its Gold Crow Project is located in a 700-kilometre-long belt across the Canadian Shield from Lake Winnipeg to the James Bay Lowlands, that is well endowed with gold. It is also engaged in drilling a multilateral horizontal oil well. The well is in close proximity to Lloydminster, Alberta.


TSXV:TTG - Post by User

Post by Charts1on Nov 04, 2024 10:44am
74 Views
Post# 36295214

TTG.V OIL PRODUCER UNDER THE RADAR

TTG.V OIL PRODUCER UNDER THE RADARVANCOUVER, BC / ACCESSWIRE / October 8, 2024 / Trans Canada Gold Corp. (TSX-V:TTG)(OTCQB:TTGXF) ("Trans Canada" or the "Company") is pleased to announce that the Company has now completed its first full year (12 months) of robust steady oil production for the month of September 2024, with trucking and oil sales to Altex. The Lloydminster wells have shipped 7,900 barrels (bbl) for the month of September and produced at an average daily rate of 263.3 bbl/d gross (49.37 bbl/d net) to the Company since being placed on production, representing its 18.75% working interest ownership in both wells. Production shipping and sales commenced on the newly drilled well, a year ago on October 6th, 2023, and the new well being brought on production in mid-September. Both multilateral wells combined have now produced over 75, 861 bbl, exceeding the 75,000-barrel production benchmark of consistent steady oil production drilling multilateral wells exclusively. Croverro Energy Ltd. is the Operator.
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