Trans Canada Gold (TSE:TTG) has released an update.
Trans Canada Gold Corp. has reported its ninth consecutive month of strong oil production in June 2024 and is gearing up to drill a new multilateral well expected to tap into over 3,000 meters of oil reservoir. The company has successfully produced over 50,000 barrels from its first multilateral well and has recently expanded its land holdings to facilitate further drilling. With high oil prices and the new TMX pipeline operational, Trans Canada anticipates maintaining high production rates and exploring additional drilling and property acquisition opportunities.
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