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Jasper Mining ( (TSE:TUK) ) has provided an announcement.
Tuktu Resources Ltd. announced the successful production rates from its discovery well, which has been yielding an average of 445 barrels of oil per day with minimal water and associated gas since December 2024. The company plans to spud a horizontal well in the coming weeks, potentially enhancing its production capabilities and strengthening its position in the oil and gas industry.
More about Jasper Mining
Tuktu Resources Ltd. is a publicly traded junior oil and gas development company based in Calgary, Alberta, with producing oil and gas properties in southern Alberta.
YTD Price Performance: -5.00%
Average Trading Volume: 431,555
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$24.68M
Learn more about TUK stock on TipRanks’ Stock Analysis page.
