Bullboard - Stock Discussion Forum Trans Canada Gold Corp V.TTG

Alternate Symbol(s): TTGXF

Energy Oil & Gas E&P

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... see more

Add To Watchlist

TSXV:TTG - Post Discussion

Trans Canada Gold Corp > TTG.V OIL PRODUCER UNDER THE RADAR

View:

Post by Charts1 on Nov 04, 2024 10:44am

TTG.V OIL PRODUCER UNDER THE RADAR

VANCOUVER, 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 6^th, 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.