Trans Canada Gold Corp. Completes Its Tenth Full Month of Steady Oil Production for July 2024 and Prepares for Drilling Its Second Multilateral Well, Targeting 8,000 Meters of GP Oil Reservoir
Trans Canada Gold Corp. Completes Its Tenth Full Month of Steady Oil Production for July 2024 and Prepares for Drilling Its Second Multilateral Well, Targeting 8,000 Meters of GP Oil Reservoir
• Tenth Month of Steady Oil Production: Trans Canada Gold Corp. has completed its tenth consecutive month of robust oil production for July 2024, with oil sales to Altex and Cenovus Energy Ltd.
• 坚定的油田产量第十个月: Trans Canada Gold Corp.已连续第十个月完成了2024年7月的强劲油田产量,向Altex和Cenovus Energy Ltd.出售石油。
• Successful Multilateral Well Production: Since its inception in October 2023, the Croverro 7HZ Well, featuring seven multilateral legs, has produced over 60,000 barrels of oil.
• 成功的多管井生产: 自2023年10月成立以来,Croverro 7HZ井已生产了超过60000桶油。
• Upcoming Drilling of Second Multilateral Well: Trans Canada is preparing to drill its second multilateral horizontal well targeting the General Petroleum (GP) Zone
• 即将钻探第二口多管井: Trans Canada正在准备钻探第二口面向GP区的多管水平井。
VANCOUVER, BC / ACCESSWIRE / August 9, 2024 / Trans Canada Gold Corp. (TSX-V:TTG)(OTCQB:TTGXF) ("Trans Canada" or the "Company") is pleased to announce that the Company has now completed its tenth full month of robust steady oil production for the month of July 2024, with trucking and oil sales to Altex and Cenovus Energy Ltd. The Company will release the June numbers in the coming days, once finalized. In October 2023, the Company successfully drilled and completed seven (7) multi-lateral legs of the Company's first multilateral well. The Company encountered oil throughout the entire 2675 meters of lateral oil pay in the Sparky Formation. Since drilling inception, the Croverro 7HZ Well has now produced over 60,000 barrels of consistent steady oil production. Croverro Energy Ltd. under the terms of the agreement, is the Operator.
温哥华,卑诗省,ACCESSWIRE,2024年8月9日 / Trans Canada Gold Corp. (TSX-V:TTG) (OTCQB:TTGXF) ("Trans Canada"或"公司")很高兴宣布,公司已完成了2024年7月稳健油田产量的第十个完整月,利用公路运输方式和出售石油给Altex和Cenovus Energy Ltd。一旦确定,公司将在未来几天内公布6月数据。2023年10月,公司成功钻探和完成了公司第一口多管水平井的7条多管油层。公司在Sparky Formation的2675米横向油层付款期间遇到了石油。自钻探开始以来,Croverro 7HZ井现已生产了超过60000桶一致稳定的油田产量。根据协议,Croverro Energy Ltd是运营商。
The lands for the well are currently controlled by a partnership led by Croverro, with the company holding 18.75% interest. This second multi-lateral horizontal well is based on similar wells drilled in the GP oil formation using surrounding well control combined with recently processed seismic lines. The new multilateral well is expected to contact over 8000 m of GP oil reservoir. Surface preparations are now in progress, with lease construction expected to be completed by Aug 10th, 2024. The well is scheduled to be drilled in mid-August.
该井的土地目前由由Croverro领导的合作伙伴控制,该公司持有18.75%的利益。这口第二个多管水平井基于使用周围的井控结合最近处理的地震线钻探的GP油区类似井。预计新的多管腔将接触800000万GP油储层。土地准备工作正在进行中,租赁施工预计将于2024年8月10日之前完成。该井计划于8月中旬钻探。
The Company has acquired additional lands inside the AMI, which will allow the drilling of up to 4 additional multilateral wells. The 320-acre parcel offset our existing lands to the north were acquired from Canpar (CN Pension Fund), Freehold Royalties and Rife Resources. The newly acquired lands, together combined with our existing lands, give access to oil resource potential in both the Sparky and General Petroleum (GP) producing zones.
该公司已收购在AMI内的其他土地,这将允许钻探多达4个额外的多管井。从Canpar(CN Pension Fund),Freehold Royalties和Rife Resources收购的320英亩地块抵消了我们现有土地的北部。新获得的土地与我们的现有土地结合起来,为Sparky和General Petroleum(GP)生产区域的油资源潜力提供了通路。
Commented President & CEO Tim Coupland, "We have now hit the tenth-month of steady oil production and now exceeded over 60,000 barrels, showcasing production expertise in the Sparky reservoir in Lloydminster area. With oil prices remaining high, we are excited to be soon releasing our July production rates, once the final oil production numbers have been finalized with Croverro, and confirmed by Altex and Cenovus Energy Ltd. With the completion of the recent land acquisition, we expect to be drilling our second well on or about Aug 19-22. With global oil prices remaining steady, and the new TMX pipeline now fully operational, oil prices are forecasted to remain high, which will allow the Company to pursue additional drilling opportunities and new property acquisitions."
蒂姆·卡普兰德(Tim Coupland),总裁兼首席执行官评论说:“我们已经达到了稳定油田产量的第十个月,超过了60000桶,展示了Lloydminster地区Sparky油藏的生产专业技能。随着油价保持高位,我们很高兴能够在确定由Croverro确认并获得Altex和Cenovus Energy Ltd确认的最终石油生产数据后尽快发布7月的产量数据。随着最近土地收购的完成,我们预计将于8月19-22日左右钻探第二口井。随着全球油价保持稳定,新的TMX管道现已全面投入运营,预计油价将保持高位,这将使公司能够追求更多的钻探机会和新的土地收购。”
"With the recent strategic land and lease acquisitions, together with well control and recently obtained and processed seismic data, the upcoming drill program in the General Petroleum Sand has been de-risked as much as possible. This well will further strengthen our strategic growth position with increased oil production and increased revenue. Multilateral wells offer the best potential for high initial production rates, modest decline rates, resulting in a more stable and sustained production level over time, which enhances our overall production growth strategy." commented Director Chris Timmins.
"最近的战略土地和租赁收购,再加上井控和最近获得和处理的地震数据,为将要在General Petroleum Sand中进行的钻井计划尽可能降低风险。这口井将通过提高石油产量和增加收入进一步加强我们的战略增长地位。多侧钻井是实现高初始产量、适度的衰减率、从而在一段时间内提供更稳定、持续的产量水平的最佳潜力,这有助于增强我们的总体生产增长策略。"董事克里斯·蒂明斯(Chris Timmins)说。
ABOUT TRANS CANADA GOLD CORP. - OIL AND GAS PRODUCTION/REVENUE PRODUCING WELLS
关于Trans Canada Gold Corp. - 石油和天然气生产/收入产量的井。
The Company is a discovery focused Oil & Gas Resource Development and Mineral Exploration Company that is currently focused on developing and drilling its' production of conventional heavy oil exploration properties, increasing production capabilities, and increasing future oil production revenues through responsible exploration. The Company identifies, acquires and finances with its working interest partners, the ongoing development of oil and gas assets primarily situated in Alberta Canada. The Company has qualified Senior exploration management and Geological teams of professionals, seasoned in exploration production, field exploration and drilling. The Company currently works with Croverro Energy Ltd., who has demonstrated proficiency, expected of an experienced oil and gas technical team that has proven oil production, and revenue success with large multi-lateral wells currently under their supervision. The Company has the necessary manpower in place to develop its natural resource properties and manage its production properties. The Company is committed to minimizing risk through selective property acquisitions, and responsible exploration drilling, and maximizing long term petroleum and natural gas resource assets.
该公司是一家发现重点油气资源开发和矿产勘探公司,目前专注于开发和钻探其传统重油勘探项目,并通过负责任的勘探以增加生产能力和未来的油气生产收入。该公司确定、收购并与其工作利益伙伴共同融资油气资产的持续开发,主要位于加拿大阿尔伯塔省。该公司拥有资深的探勘管理和地质团队,经验丰富且熟练掌握勘探生产、现场勘探和钻井的技术。该公司目前与Croverro Energy Ltd.合作,后者表现出具备资深油气技术团队所期望的能力,正在其监督下开采大型多侧向井的油气生产和营收成功。公司已拥有开发其天然资源项目以及管理其生产项目所必需的人力资源。该公司致力于通过选择性物业收购和负责任的勘探钻探以尽量降低风险,并最大限度地开发长期的石油和天然气资源资产。
FOR FURTHER INFORMATION, PLEASE CONTACT:
如需更多信息,请联系:
Tim Coupland, President and CEO
Trans Canada Gold Corp.
Tel: (604) 681-3131
astar@telus.com
Tim Coupland,总裁兼首席执行官
加拿大黄金公司。
电话:(604)681-3131
astar@泰勒斯.com
or
或者
Christian Timmins, Director
Trans Canada Gold Corp.
Tel: (403) 597-3410
董事Christian Timmins
加拿大黄金公司。
电话:(403)597-3410
Neither the TSX Venture Exchange nor its Regulation Services Provider, (as the term is defined in the Policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
TSX Venture Exchange及其监管服务提供商(如TSX Venture Exchange政策中的术语所定义)对本发行的充足性或准确性不承担责任。
Contact Information
联系信息
Chris Timmins
Director
ctimmins29@gmail.com
403-597-3410
克里斯·蒂米尔斯(Chris Timmins)
董事
ctimmins29@gmail.com
403-597-3410
SOURCE: Trans Canada Gold Corp.
来源:加拿大黄金公司。