Highwood Oil Co. Ltd. (TSE:HAM) has released an update.
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Highwood Asset Management Ltd. has announced the early repayment of a promissory note related to its acquisition of Boulder Energy Ltd., which will enhance the company’s financial flexibility by reducing high-interest expenses. Additionally, Highwood is advancing its 2025 capital program, planning to initiate drilling earlier than expected due to operational efficiencies, which could positively impact its production capabilities.
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