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Trans Canada Gold Corp. Ramps Up Oil Production

Trans Canada Gold Corp. Ramps Up Oil Production

Trans Canada Gold Corp. (TSE:TTG) has released an update.

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Trans Canada Gold Corp. has reported a seventh consecutive month of successful and steady oil production, with its Lloydminster well shipping 5,460 barrels in April. The company has also completed strategic land acquisitions, setting the stage for a second multilateral well expected mid-summer 2024. Amidst rising global oil prices and the opening of the TMX pipeline, Trans Canada Gold Corp. is optimistic about the future, looking to expand drilling operations and acquisitions.

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

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