Ninth Month of Steady Oil Production: Trans Canada Gold Corp. has successfully completed its ninth consecutive month of steady oil production as of June 2024
Successful Drilling and Production: In October 2023, the Company drilled and completed its first multilateral well, discovering oil throughout the 2675 meters of the Sparky formation.
Land Acquisitions and Future Drilling Plans: Trans Canada Gold has strengthened its land holdings with strategic acquisitions under an Area of Mutual Interest agreement. The company is preparing to drill a new multilateral well this summer, which is expected to reach over 3000 meters of oil reservoir in the General Petroleum sand, as it continues to seek partnerships with senior oil and gas companies to expand its drilling inventory.
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