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Trans Canada Gold Advances in Heavy Oil Project

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Trans Canada Gold Advances in Heavy Oil Project

Trans Canada Gold (TSE:TTG) has released an update.

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Trans Canada Gold Corp. is halfway through drilling its second multi-lateral horizontal heavy oil well near Lloydminster, Alberta, with completion anticipated early September. The company, in partnership holding an 18.75% interest and led by Croverro Energy Ltd., has also acquired additional lands for future drilling opportunities in the same region. These developments are part of Trans Canada’s strategy to enhance its oil production and revenue through responsible exploration and development in North America.

For further insights into TSE:TTG stock, check out TipRanks’ Stock Analysis page.

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