Stonehorse Energy Ltd (AU:SHE) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Stonehorse Energy Ltd reported a productive quarter with its Certus Caroline well outperforming production forecasts and the company’s Canadian and US assets generating a combined 81,250 BOE. The firm welcomed a new Non-Executive Director, Michael McFadyen, bringing extensive industry experience to the board. Despite some operational delays, the company is actively pursuing new investment opportunities and expects to fully recover its initial Proton investment by June 2025.
For further insights into AU:SHE stock, check out TipRanks’ Stock Analysis page.