Stonehorse Energy Ltd (AU:SHE) has released an update.
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Stonehorse Energy Ltd has reported a strong first quarter in 2024, with notable achievements including the Caroline well averaging 1,375 BOE per day, contributing to over 125,000 BOE for the quarter. The company’s Canadian assets, particularly the Caroline Hz well in Central Alberta, have shown impressive performance with a current production rate of 1,475 BOE per day. Additionally, the Gryphon Wapiti well commenced production in early January, adding over 23,500 BOE to the quarter’s figures.
For further insights into AU:SHE stock, check out TipRanks’ Stock Analysis page.

