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Cancambria Energy Corp ( (TSE:CCEC) ) has issued an announcement.
CanCambria Energy Corp. has provided an operational update and submitted a Technical Operating Plan for its Kiskunhalas Exploration Concession. The company is preparing for the drilling of the Kiskunhalas tight-gas field, with the first well anticipated in the second half of 2026. Key preparations include the installation of conductor pipe and procurement of necessary materials. The company is also planning geological and geophysical studies, a 3D seismic acquisition, and potential drilling of deep wells by 2029. CanCambria is seeking a strategic partner to support the exploration program, which is part of a broader effort to address Europe’s energy challenges and expand its resource portfolio.
More about Cancambria Energy Corp
CanCambria Energy Corp. is a Canadian-based exploration and production company specializing in tight gas development. The company focuses on high-quality, de-risked projects with direct access to profitable markets, leveraging advanced technologies to commercialize its flagship asset, the Kiskunhalas Project in southern Hungary.
Average Trading Volume: 30,791
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$55.07M
For detailed information about CCEC stock, go to TipRanks’ Stock Analysis page.