MCF Energy Readies for Welchau-1 Well Testing
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MCF Energy Readies for Welchau-1 Well Testing

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Pinedale Energy Limited (TSE:MCF) has released an update.

MCF Energy Ltd. is set to commence an extended testing program on the Welchau-1 well in Upper Austria, aiming to confirm hydrocarbon characteristics and estimate recoverable resources. The company, which holds a 25% stake in the exploration area, has completed preparations for the tests slated to begin on October 15, 2024, following promising findings from the initial drilling phase.

For further insights into TSE:MCF stock, check out TipRanks’ Stock Analysis page.

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