Monumental Gold (TSE:MNRG) has released an update.
Monumental Energy Corp has entered into an agreement with New Zealand Energy Corp to refurbish and restart two oil wells in New Zealand, securing a 25% royalty interest in the proceeds. This strategic move allows Monumental to capitalize on the revived production, with operations expected to commence in early 2025.
For further insights into TSE:MNRG stock, check out TipRanks’ Stock Analysis page.
