New Stratus Energy (TSE:NSE) has released an update.
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New Stratus Energy Inc. has reported a significant working capital and adjusted figures for the year ending December 31, 2023, alongside a net loss. Additionally, the company shared updates on the successful reactivation of various wells in the Lido-Limon and Oficina fields through its joint venture, with a production increase to 625 barrels per day and plans to further boost output to 1,300 barrels per day by June 2024.
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