Stonehorse Energy Ltd (AU:SHE) has released an update.
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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.
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