Monumental Gold (TSE:MNRG) has released an update.
Monumental Energy Corp. has announced that drilling has started on the Tariki-5 gas well in New Zealand, a joint venture with L&M Energy Limited. The well, expected to be completed by October 26, 2024, is set to reach a depth of 2846 meters with NZEC handling sales to Genesis Energy. This development marks a significant step for Monumental’s investment in the region’s energy sector.
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