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Blue Horizon Global Capital Corp. Reviews Oil and Gas Assets

Story Highlights
  • Blue Horizon Global Capital Corp. is reviewing its oil and gas assets for potential reactivation.
  • The company aims to enhance operational capabilities but needs financing for reactivation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Blue Horizon Global Capital Corp. Reviews Oil and Gas Assets

Elevate Your Investing Strategy:

Sensor Technologies Corp ( (TSE:BHCC) ) just unveiled an update.

Blue Horizon Global Capital Corp. has announced a strategic review of its oil and gas assets managed through its subsidiary, Mooncor Energy Inc. The review includes evaluating the reactivation of Well #4-28 in Lloydminster, Alberta, and deciding on the future of Well #3-28, which partners intend to abandon. The potential reactivation of these wells could enhance the company’s operational capabilities and asset value, although it is contingent on securing financing. The company also plans to assess the status of its other wells following a request from the Alberta Energy Regulator. Additionally, Blue Horizon has terminated previous agreements with Miss Globe Group Inc. and a private oil trade company.

More about Sensor Technologies Corp

Blue Horizon Global Capital Corp. is an investment company focused on identifying promising companies with innovative technologies or projects. The company aims to maximize returns for its shareholders through capital appreciation and investment income by investing in securities of private and publicly listed entities across various sectors, including technology, software development, and biotechnology.

Average Trading Volume: 2,333

Technical Sentiment Signal: Sell

Current Market Cap: C$1.71M

Find detailed analytics on BHCC stock on TipRanks’ Stock Analysis page.

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