Operating Cash Flow for the Six Months Ended June 30, 2024 Increased 71%;
Operating Expenses for the Three Months Ended June 30, 2024 Decreased 17%;
Announced Listing of Non-Core Asset in Chino Valley for $16 Million;
Announced Share Repurchase Program for up to $1 Million
• 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.
• 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.
• Upcoming Drilling of Second Multilateral Well: Trans Canada is preparing to drill its second multilateral horizontal well targeting the General Petroleum (GP) Zone
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