Canuc Resources (TSE:CDA) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Canuc Resources has successfully completed workover operations on its Coody-Morales Trac 3-3 well in West Texas, restoring production to around 100 MCF/day. The company, benefiting from the well since 2011, anticipates further extraction from additional hydrocarbon zones after the Big Saline Formation’s depletion.
For further insights into TSE:CDA stock, check out TipRanks’ Stock Analysis page.