Trans Canada Gold Corp Receives Well License/Drill Permit From the Alberta Energy Regulator and Prepares to Start Lease Construction and Begin Drilling Its Second Multilateral Oil Well Near Lloydminster, Alberta
Trans Canada Gold Corp Receives Well License/Drill Permit From the Alberta Energy Regulator and Prepares to Start Lease Construction and Begin Drilling Its Second Multilateral Oil Well Near Lloydminster, Alberta
Highlights:
亮點:
Well, License and Drilling Permit Received: Trans Canada Gold Corp. has received the necessary well license to drill its second multilateral well targeting the General Petroleum (GP) Zone near Lloydminster, Alberta. This new well is based on successful similar wells in the GP oil formation.
Partnership and Well Details: The well, located on lands controlled by a strategic partnership led by Croverro Energy, with Trans Canada holding an 18.75% interest, is expected to access over 8000 meters of the GP oil reservoir. Surface preparations are underway, with lease construction scheduled for completion by August 10th, 2024, and drilling set to begin mid-August.
Expansion and Future Potential: Trans Canada Gold has acquired an additional 320-acre parcel from Canpar (CN Pension Fund), Freehold Royalties and Rife Resources, increasing their land holdings and allowing for the drilling of up to four more multilateral wells. The newly acquired lands, along with existing ones, offer significant oil resource potential in both the Sparky and GP producing zones. The total cost for drilling and equipping the new well, which includes the cost of drilling, casing, and installing production equipment, is estimated at $2.2 million, with Trans Canada's share being $412,500, for which the company is fully funded.
加拿大黃金運營商Trans Canada Gold Corp.已獲得必要的鑽井許可證,以鑽探靠近Alberta Lloydminster的General Petroleum(GP)區域的第二口多側鑽井。該新井基於GP油層中成功的相似井。
該井位於由Croverro Energy領導的戰略合作伙伴控制的土地上,Trans Canada持有18.75%的權益,預計將進入超過8000米的GP油藏。目前正在進行地面準備工作,租賃建設計劃於2024年8月10日完成,鑽井工作預計於8月中旬開始。
Trans Canada Gold從Canpar(CN Pension Fund)、Freehold Royalties和Rife Resources收購了320英畝的額外地塊,增加了他們的土地佔有量,使其可以鑽探多達四口多側鑽井。新收購的土地和現有的土地在Sparky和GP生產區域都具有顯著的油資源潛力。鑽探和裝備新井的總成本,包括鑽探、套管和安裝生產設備的成本,預計爲220萬美元,Trans Canada的份額爲412,500美元,公司已充分獲得資金支持。
VANCOUVER, BC / ACCESSWIRE / August 6, 2024 / Trans Canada Gold Corp. (TSXV:TTG)(OTCQB:TTGXF) ("Trans Canada" or the "Company") is pleased to announce that the Company has now received the well license required to drill its second multilateral well targeting the General Petroleum (GP) Zone, situated near Lloydminster, Alberta. The lands for the well are currently controlled by a partnership led by Croverro, with the Company holding 18.75% interest. This second multilateral 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 August 10th, 2024. The well is scheduled to be drilled in mid-August.
加拿大黃金公司Trans Canada Gold Corp.(TSXV:TTG)(OTCQB:TTGXF)很高興宣佈,公司現在已經獲得了鑽探靠近Alberta Lloydminster的General Petroleum(GP)區域的第二口多側鑽井所需的鑽井許可證。這井的土地目前由Croverro領導的合作伙伴控制,公司佔有18.75%的權益。這是基於使用周圍井控制和最近處理的地震線鑽探GP油層類似井的第二口多側水平井。新的多側鑽井預計將接觸800000萬的GP油藏。地面準備工作正在進行中,租賃建設預計將於2024年8月10日完成。本井計劃於8月中旬鑽探。
Drilling completion and equipping costs are expected to be $2.2 million for the well ($412,500 net to Trans Canada). The Company is fully funded for these operations. Croverro Energy Ltd., under the terms of the agreement, is the Operator.
該井的鑽成和裝備成本預計爲220萬美元(Trans Canada的淨成本爲412,500美元)。公司已充分獲得資金支持。根據協議的條款,Croverro Energy Ltd.是運營商。
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, have the oil resource potential in both the Sparky and General Petroleum (GP) producing zones.
公司已經在AMI範圍內收購了額外的土地,這將允許鑽探多達4口多側鑽井。位於我們現有土地的北部的320英畝被從Canpar(CN Pension Fund)、Freehold Royalties和Rife Resources處收購。新收購的土地與現有土地相結合,在Sparky和GP的生產區域都具有油資源潛力。
Commented Tim Coupland, "We are excited to be drilling our second multilateral oil well with a reliable and experienced partner who has consistently targeted and successfully drilled, completed and started production several wells targeting different oil reservoirs. Croverro has proven to be a very competent operator providing low operating cost and consistent production days. We believe drilling multilateral horizontal wells with good well control and utilizing new computer modelling and seismic techniques will provide continued success. The partnership is allowing the Company to grow rapidly and prosper, as world oil prices continue to remain high."
Tim Coupland表示:"我們很高興能夠與一家可靠而經驗豐富的合作伙伴共同鑽探第二口多側油井,他們一直針對不同的油藏鑽探、完成並開始生產多口井。Croverro已經證明是一家提供低成本和連續生產良好的運營商,我們相信,使用良好的井控制、利用新的計算機建模和地震技術鑽探多側水平井將繼續取得成功。這種合作關係使公司能夠迅速增長和繁榮,隨着世界油價繼續保持高位。"
"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.
"最近的戰略土地和租賃收購,再加上井控和最近獲得和處理的地震數據,爲將要在General Petroleum Sand中進行的鑽井計劃儘可能降低風險。這口井將通過提高石油產量和增加收入進一步加強我們的戰略增長地位。多側鑽井是實現高初始產量、適度的衰減率、從而在一段時間內提供更穩定、持續的產量水平的最佳潛力,這有助於增強我們的總體生產增長策略。"董事克里斯·蒂明斯(Chris Timmins)說。
ABOUT TRANS CANADA GOLD CORP. - OIL AND GAS PRODUCTION/REVENUE PRODUCING WELLS
關於Trans Canada Gold Corp. - 石油和天然氣生產/收入產量的井。
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 multilateral 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.
該公司是一家專注於油氣資源開發和礦產勘探的發現性公司,目前專注於開發和鑽探其傳統重油勘探產權、提高生產能力,並通過負責任的勘探提高未來石油生產收入。公司主要位於加拿大阿爾伯塔省,並與其工作利益夥伴共同確定、收購和融資油氣資產的持續開發。公司擁有具有探險生產、野外探險和鑽探經驗的資深勘探管理和地質團隊。公司目前與Croverro Energy Ltd.合作,該公司表現出了一支有經驗的油氣技術團隊所期望的熟練度,具有正在監督的大型多側鑽井的油氣成功的證明。該公司已經有發展其自然資源產權和管理生產資源屬性所需的人力資源。該公司致力於通過選擇性的資產收購和負責任的勘探鑽探,最大程度地降低風險,並將長期石油和天然氣資源資產最大化。
FOR FURTHER INFORMATION, PLEASE CONTACT:
如需更多信息,請聯繫:
Tim Coupland, President and CEO
Trans Canada Gold Corp.
Tel: (604) 681-3131
astar@telus.com
.
Tim Coupland,總裁兼首席執行官
加拿大黃金公司。
電話:(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
加拿大黃金公司。
電話:(403)597-3410
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SOURCE: Trans Canada Gold Corp.
來源:加拿大黃金公司。