Trans Canada Gold Corp. Continues Drilling on Its Second Multilateral Horizontal Heavy Oil Well Near Lloydminster, Alberta
Trans Canada Gold Corp. (TSXV:TTG)(OTCQB:TTGXF) has announced 50% completion of drilling on its second multilateral well near Lloydminster, Alberta. The company expects to finish drilling by August 30, 2024, with completion operations scheduled for early September. Precision Drilling is leading the efficient drilling operations. The well, operated by Croverro Energy , is planned for 8 lateral legs in the GP sand. Trans Canada holds an 18.75% interest in the partnership-controlled lands. The company has also acquired additional lands within the Area of Mutual Interest, expanding opportunities for multilateral wells in both Sparky and GP producing zones.
Trans Canada Gold Corp. (TSXV:TTG)(OTCQB:TTGXF) ha annunciato il 50% di completamento della perforazione del suo secondo pozzo multilaterale vicino a Lloydminster, Alberta. L'azienda prevede di completare la perforazione entro il 30 agosto 2024, con le operazioni di completamento programmate per inizio settembre. Precision Drilling sta guidando le operazioni di perforazione in modo efficiente. Il pozzo, gestito da Croverro Energy, è progettato per avere 8 rami laterali nel GP sand. Trans Canada detiene un 18,75% di interesse nelle terre controllate dalla partnership. L'azienda ha anche acquisito terreni aggiuntivi all'interno dell'Area di Interesse Reciproco, ampliando le opportunità per pozzi multilaterali sia nelle zone produttive Sparky che GP.
Trans Canada Gold Corp. (TSXV:TTG)(OTCQB:TTGXF) ha anunciado la completación del 50% de la perforación en su segundo pozo multilateral cerca de Lloydminster, Alberta. La compañía espera finalizar la perforación para el 30 de agosto de 2024, con las operaciones de finalización programadas para principios de septiembre. Precision Drilling está liderando las operaciones de perforación de manera eficiente. El pozo, operado por Croverro Energy, está planificado para tener 8 laterales en la arena GP. Trans Canada posee un 18.75% de interés en las tierras controladas por la asociación. La compañía también ha adquirido terrenos adicionales dentro del Área de Interés Mutuo, ampliando las oportunidades para pozos multilaterales en las zonas de producción Sparky y GP.
Trans Canada Gold Corp. (TSXV:TTG)(OTCQB:TTGXF)는 앨버타주 로이드민스터 근처에 있는 두 번째 다국적 유정의 50% 채굴 완료를 발표했습니다. 회사는 2024년 8월 30일까지 채굴을 완료할 것으로 예상하고 있으며, 완료 작업은 9월 초에 예정되어 있습니다. 정밀 탐사는 효율적인 채굴 작업을 이끌고 있습니다. 이 유정은 Croverro Energy가 운영하고 있으며, GP 모래층 내에 8개의 측면 다리를 계획하고 있습니다. Trans Canada는 파트너십이 통제하는 토지에 18.75%의 지분을 보유하고 있습니다. 또한 이 회사는 상호 이익 지역 내에 추가적인 토지를 확보하여 Sparky와 GP 생산 지구에서 다국적 유정에 대한 기회를 확대하고 있습니다.
Trans Canada Gold Corp. (TSXV:TTG)(OTCQB:TTGXF) a annoncé 50% d'achèvement de forage pour son deuxième puits multi-latéral près de Lloydminster, Alberta. L'entreprise prévoit de terminer le forage d'ici le 30 août 2024, avec des opérations de finalisation programmées pour début septembre. Precision Drilling dirige les opérations de forage de manière efficace. Le puits, exploité par Croverro Energy, est prévu avec 8 branches latérales dans le sable GP. Trans Canada détient un 18,75% d'intérêt dans les terres contrôlées par le partenariat. L'entreprise a également acquis des terres supplémentaires dans la Zone d'Intérêt Mutuel, élargissant les opportunités pour des puits multi-latéraux dans les zones de production Sparky et GP.
Trans Canada Gold Corp. (TSXV:TTG)(OTCQB:TTGXF) hat 50% des Bohrfortschritts bei seinem zweiten multilateralen Brunnen nahe Lloydminster, Alberta, angekündigt. Das Unternehmen erwartet, die Bohrarbeiten bis zum 30. August 2024 abzuschließen, mit Abschlussarbeiten, die für Anfang September vorgesehen sind. Precision Drilling führt die effizienten Bohrarbeiten. Der Brunnen wird von Croverro Energy betrieben und ist für 8 seitliche Beine im GP Sand geplant. Trans Canada hält ein 18,75% Interesse an den von der Partnerschaft kontrollierten Ländereien. Das Unternehmen hat auch zusätzliche Ländereien innerhalb des Gebiets von gegenseitigem Interesse erworben, um die Möglichkeiten für multilaterale Brunnen in den Produktionszonen Sparky und GP zu erweitern.
- 50% completion of drilling on second multilateral well
- Efficient drilling operations expected to finish by August 30, 2024
- Acquisition of additional lands expanding opportunities for multilateral wells
- 18.75% interest in partnership-controlled lands
- None.
• Progress on Second Multilateral Well: Successfully completed
• Efficient Drilling Operations: Contractor crews, led by Precision Drilling, are progressing efficiently and are expected to complete drilling by August 30, 2024. Completion operations are scheduled to follow in early September.
VANCOUVER, BC / ACCESSWIRE / August 28, 2024 / Trans Canada Gold Corp. (TSXV:TTG)(OTCQB:TTGXF) ("Trans Canada" or the "Company") is pleased to announce that it has now successfully completed
The Contractor crews, headed by Precision Drilling, continue to efficiently drill and are expected to be completed by August 30, 2024, with completion operations to follow in early September. The lands for the well are currently controlled by a partnership led by Croverro, with the Company holding a
The Company has acquired additional lands inside the Area of Mutual Interest ("AMI"), which will allow additional opportunity for multilateral wells. The lands are contiguous with our existing lands. The newly acquired lands, together combined with our existing lands have the oil resource potential in both the Sparky and GP producing zones.
Commented Tim Coupland, "Both weather and drilling conditions have been ideal, and we are excited to be finishing drilling our second multi-leg Multilateral well, and look forward to the additional opportunities that may be available in the immediate area."
The Company continues to explore additional exploration drilling opportunities in Canada and the United States.
ABOUT TRANS CANADA GOLD CORP. - OIL AND GAS PRODUCTION/REVENUE PRODUCING WELLS
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.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Tim Coupland, President and CEO
Trans Canada Gold Corp.
Tel: (604) 681-3131
astar@telus.com
www.transcanadagold.com
or
Christian Timmins, Director
Trans Canada Gold Corp.
Tel: (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.
Contact Information
Chris Timmins
Director
ctimmins29@gmail.com
403-597-3410
Tim Coupland
CEO
astar@telus.com
604-681-3131
SOURCE: Trans Canada Gold Corp.
View the original press release on accesswire.com
FAQ
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