Pinedale Energy (TSE:MCF) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
MCF Energy Ltd. has completed the drilling of the Welchau-1 well in Upper Austria ahead of schedule and under budget, with preliminary analysis revealing condensate-rich gas to light oil in the Steinalm formation. The well is now cased and ready for future testing, with a detailed analysis program underway on recovered hydrocarbon samples and core data, despite some sample recovery issues due to tool sticking.
For further insights into TSE:MCF stock, check out TipRanks’ Stock Analysis page.
