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G2 Energy Eyes Oil and Gas Expansion

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G2 Energy Eyes Oil and Gas Expansion

G2 Energy (TSE:GTOO) has released an update.

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G2 Energy Corp. has signed a Letter of Intent with Global Oil & Gas Recovery Corp. to explore an acquisition of oil and gas assets in Southeast Kansas. This strategic move aims to enhance shareholder value through the potential revitalization and production of abandoned wells in the region. The companies are working towards finalizing the agreement by January 31, 2025.

For further insights into TSE:GTOO stock, check out TipRanks’ Stock Analysis page.

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