Trans Canada Gold (TSE:TTG) has released an update.
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Trans Canada Gold Corp. has marked its tenth consecutive month of solid oil production in July 2024 and is gearing up to drill a second multilateral well, with the potential to tap into an 8000-meter GP oil reservoir. The company has also expanded its drilling capabilities by acquiring additional land, which could lead to the development of up to four more wells, further bolstering its position in the oil market amid high global oil prices.
For further insights into TSE:TTG stock, check out TipRanks’ Stock Analysis page.
