Angkor Gold (TSE:ANK) has released an update.
Angkor Resources Corp. is poised to boost oil production at its Evesham project in Saskatchewan through advanced waterflood techniques, with expectations of increased production and efficiency. The enhancements, which involve pipeline expansions and well recompletions, are projected to yield up to 40% more oil and present a quick payback period of under seven months.
For further insights into TSE:ANK stock, check out TipRanks’ Stock Analysis page.