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:
亮点:
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.
加拿大黄金运营商Trans Canada Gold Corp.已获得必要的钻井许可证,以钻探靠近Alberta Lloydminster的General Petroleum(GP)区域的第二口多侧钻井。该新井基于GP油层中成功的相似井。
该井位于由Croverro Energy领导的战略合作伙伴控制的土地上,Trans Canada持有18.75%的权益,预计将进入超过8000米的GP油藏。目前正在进行地面准备工作,租赁建设计划于2024年8月10日完成,钻井工作预计于8月中旬开始。
Trans Canada Gold从Canpar(CN Pension Fund)、Freehold Royalties和Rife Resources收购了320英亩的额外地块,增加了他们的土地占有量,使其可以钻探多达四口多侧钻井。新收购的土地和现有的土地在Sparky和GP生产区域都具有显著的油资源潜力。钻探和装备新井的总成本,包括钻探、套管和安装生产设备的成本,预计为220万美元,Trans Canada的份额为412,500美元,公司已充分获得资金支持。
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.
加拿大黄金公司Trans Canada Gold Corp.(TSXV:TTG)(OTCQB:TTGXF)很高兴宣布,公司现在已经获得了钻探靠近Alberta Lloydminster的General Petroleum(GP)区域的第二口多侧钻井所需的钻井许可证。这井的土地目前由Croverro领导的合作伙伴控制,公司占有18.75%的权益。这是基于使用周围井控制和最近处理的地震线钻探GP油层类似井的第二口多侧水平井。新的多侧钻井预计将接触800000万的GP油藏。地面准备工作正在进行中,租赁建设预计将于2024年8月10日完成。本井计划于8月中旬钻探。
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.
该井的钻成和装备成本预计为220万美元(Trans Canada的净成本为412,500美元)。公司已充分获得资金支持。根据协议的条款,Croverro Energy Ltd.是运营商。
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.
公司已经在AMI范围内收购了额外的土地,这将允许钻探多达4口多侧钻井。位于我们现有土地的北部的320英亩被从Canpar(CN Pension Fund)、Freehold Royalties和Rife Resources处收购。新收购的土地与现有土地相结合,在Sparky和GP的生产区域都具有油资源潜力。
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:"我们很高兴能够与一家可靠而经验丰富的合作伙伴共同钻探第二口多侧油井,他们一直针对不同的油藏钻探、完成并开始生产多口井。Croverro已经证明是一家提供低成本和连续生产良好的运营商,我们相信,使用良好的井控制、利用新的计算机建模和地震技术钻探多侧水平井将继续取得成功。这种合作关系使公司能够迅速增长和繁荣,随着世界油价继续保持高位。"
"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 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.
该公司是一家专注于油气资源开发和矿产勘探的发现性公司,目前专注于开发和钻探其传统重油勘探产权、提高生产能力,并通过负责任的勘探提高未来石油生产收入。公司主要位于加拿大阿尔伯塔省,并与其工作利益伙伴共同确定、收购和融资油气资产的持续开发。公司拥有具有探险生产、野外探险和钻探经验的资深勘探管理和地质团队。公司目前与Croverro Energy Ltd.合作,该公司表现出了一支有经验的油气技术团队所期望的熟练度,具有正在监督的大型多侧钻井的油气成功的证明。该公司已经有发展其自然资源产权和管理生产资源属性所需的人力资源。该公司致力于通过选择性的资产收购和负责任的勘探钻探,最大程度地降低风险,并将长期石油和天然气资源资产最大化。
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。
SOURCE: Trans Canada Gold Corp.
来源:加拿大黄金公司。