Trans Canada Gold Corp Completes Its Tenth Full Month of Steady Oil Production for July 2024, Shipping Another 5,715 Barrels From Its Lloydminster Multilateral Horizontal Heavy Oil Well and Prepares for Drilling Its Second Multilateral Well
Trans Canada Gold Corp Completes Its Tenth Full Month of Steady Oil Production for July 2024, Shipping Another 5,715 Barrels From Its Lloydminster Multilateral Horizontal Heavy Oil Well and Prepares for Drilling Its Second Multilateral Well
Tenth Month of Steady Oil Production: Production for July 2024, 5,715 bbl at an average daily rate of 184 bbl/d gross (35.0 bbl/d net) since production began in October 2023.
Exceeding Production Milestone: The Lloydminster multilateral well surpassed the 60,000-barrel production benchmark, with total production over 62,755 barrels.
Expansion of Land Holdings: Acquired a 320-acre parcel within the Area of Mutual Interest (AMI), expanding opportunities for up to four additional multilateral wells in the Sparky and General Petroleum
穩定石油生產的第十個月:2024年7月的產量爲5,715桶,平均每天淨產量爲184桶/日的毛產量(35.0桶/日的淨產量),自從2023年10月開始生產。
超越生產里程碑:Lloydminster 多井超越了60,000桶的生產基準值,總計生產超過62,755桶。
擴大土地持有量:在利益互惠區(AMI)內增加了一塊320英畝的地塊,擴大了在儲油層Sparky和General Petroleum中打多井井的機會。
VANCOUVER, BC / ACCESSWIRE / August 14, 2024 / Trans Canada Gold Corp. (TSXV: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 Lloydminster well has shipped 5,715 barrels (bbl) for the month of July and produced at an average daily rate of 184 bbl/d gross (35.0 bbl/d net) to the Company since being placed on production, representing its 18.75% working interest ownership. Production shipping and sales commenced on the newly drilled well on October 6th, 2023, and the well has now produced over 62, 755 bbl, exceeding the 60,000-barrel production benchmark of consistent steady oil production with its multilateral well. Croverro Energy Ltd. is the Operator.
加拿大 Trans Canada Gold corp(corp代表公司) (TSXV:TTG)(OTCQB:TTGXF) 首席執行官Cenovus Energy先生報告稱,公司在2024年7月實現了穩定的、健康的石油生產第十個月,向Altex和cenovus能源公司進行運輸和石油銷售。自2023年10月生產以來,Lloydminster井運輸了5,715桶(bbl),毛平均日產量爲184 bbl/日(淨35.0 bbl/日),代表公司18.75%的工作權益所有權。新鑽井井於2023年10月6日開始生產運輸和銷售,目前已生產超過62,755桶,超過了具有一貫穩定石油生產基準值的多井井的60,000桶生產基準值。Croverro Energy Ltd.是運營公司。
The Company has acquired additional lands inside the Area of Mutual Interest ("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, combined with our existing lands have the oil resource potential in both the Sparky and General Petroleum (GP) producing zones.
公司在利益互惠區("AMI")內獲取了額外的土地,可允許鑽探多達4個附屬多井井。從Canpar(CN Pension Fund)、Freehold Royalties 和 Rife Resources購買的面積爲320英畝的地塊抵消了我們現有土地的北部。新獲取的土地與我們現有的土地相結合,在Sparky和General Petroleum(GP)的產油區域都擁有油源潛力。
Commented Tim Coupland, "We have now successfully produced over ten (10) months of steady oil production and surpassed the 60,000-barrel production benchmark. With the signing of our latest lease and completion of the land acquisition, and utilizing our technical proficiency and drilling expertise, we now look forward to drilling our second multilateral well this August, targeting the General Petroleum Zone (GP), which is expected to contact over 8000 meters of GP oil reservoir. The TMX pipeline is now fully operational, shipping Canadian oil, and world oil prices are forecasted to remain high, which will allow the Company to actively pursue additional drilling opportunities and new acquisitions."
Tim Coupland 表示:"我們已經成功地生產了10個月的穩定石油,並超過了60,000桶的生產基準值。通過簽署最新租賃合同和完成土地收購,以及利用我們的技術能力和鑽井專業知識,我們現在期待在今年8月鑽探第二口多井井,該井目標是接觸到超過8000米的General Petroleum儲油層。TMX管道現已全面運行,運輸加拿大石油,世界油價預計將保持高位,這將使公司能夠積極追求其他鑽探機會和新收購。"
"Our recent land and lease acquisitions, along with the upcoming multilateral well in the General Petroleum Sand, further strengthen our strategic position," commented Director Chris Timmins. "Multilateral wells offer the potential for modest decline rates, indicating a more stable and sustained production level over time, which enhances our overall production strategy. We continue to seek new opportunities to grow our drilling inventory and expand our operational footprint. We look forward to announcing the spud date soon and are confident in the continued growth and success of our operations.
"我們最近的土地和租賃收購,以及即將在General Petroleum Sand鑽探的多井井進一步加強了我們的戰略地位,"董事Chris Timmins評論道。"多井井提供了適度的降率潛力,表明了一個隨着時間推移更穩定、持續的生產水平,這增強了我們的整體生產策略。我們繼續尋找新機會,以增長我們的鑽探清單並擴大我們的運營版圖。我們期待很快宣佈開鑽日期,並對我們的運營持續增長和成功充滿信心。"
The Company continues to explore additional exploration drilling opportunities in Canada and the United States.
該公司繼續在加拿大和美國探索其他勘探鑽探機會。
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 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.
該公司是一家發現重點油氣資源開發和礦產勘探公司,目前專注於開發和鑽探其傳統重油勘探項目,並通過負責任的勘探以增加生產能力和未來的油氣生產收入。該公司確定、收購併與其工作利益夥伴共同融資油氣資產的持續開發,主要位於加拿大阿爾伯塔省。該公司擁有資深的探勘管理和地質團隊,經驗豐富且熟練掌握勘探生產、現場勘探和鑽井的技術。該公司目前與Croverro Energy Ltd.合作,後者表現出具備資深油氣技術團隊所期望的能力,正在其監督下開採大型多側向井的油氣生產和營收成功。公司已擁有開發其天然資源項目以及管理其生產項目所必需的人力資源。該公司致力於通過選擇性物業收購和負責任的勘探鑽探以儘量降低風險,並最大限度地開發長期的石油和天然氣資源資產。
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
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及其監管服務提供商(如TSX Venture Exchange政策中的術語所定義)對本發行的充足性或準確性不承擔責任。
Contact Information
聯繫信息
Chris Timmins
Director
ctimmins29@gmail.com
403-597-3410
克里斯·蒂米爾斯(Chris Timmins)
董事
ctimmins29@gmail.com
403-597-3410
SOURCE: Trans Canada Gold Corp.
來源:加拿大黃金公司。