Trans Canada Gold Corp. is pleased to announce the appointment of Mr. Christian Timmins as Vice-President of Business Development and Operations. This strategic appointment aims to strengthen the Company's marketing efforts, drive production growth, boost revenue, and support the development of new multilateral wells, positioning Trans Canada for sustainable expansion. Mr. Timmins currently serves on the Company's board [...]
Trans Canada Gold Corp. is pleased to announce that the Company has now completed its first full year of robust steady oil production for the month of September 2024, with trucking and oil sales to Altex. The Lloydminster wells have shipped 7,900 barrels for the month of September and produced at an average daily rate of 263.3 bbl/d gross to the Company since being placed on production, representing its 18.75% working [...]
Trans Canada Gold Corp. is pleased to announce that the Company has now completed its twelve full month of robust steady oil production for the month of September 2024, with trucking and oil sales to Altex. The Company will release the September production numbers in the coming days once finalized. One year ago, In October 2023, the Company successfully drilled and completed all multilateral legs of the Company's first [...]
Trans Canada Gold Corp. is pleased to announce that the Company has now completed its eleventh full month of robust steady oil production for the month of August 2024, with trucking and oil sales to Altex. The Lloydminster well has shipped 5,207 barrels for the month of August and produced at an average daily rate of 168 bbl/d gross to the Company since being placed on production, representing its 18.75% working interest [...]
Trans Canada Gold Corp. is pleased to announce that it has successfully placed the second newly drilled multilateral well on production. The second multilateral well was just successfully drilled in August and September and all legs were successfully drilled in the GP reservoir. The Operator has finished battery construction and successfully completed the well. The well started production on September 7th and is currently [...]
Trans Canada Gold is pleased to announce that the Company has now completed its eleventh full month of robust, steady oil production for the month of August 2024, with trucking and oil sales to Altex. The Company will release the August numbers in the coming days, once finalized. In October 2023, the Company successfully drilled and completed all multilateral legs of the Company's first multilateral well in the Sparky [...]
Trans Canada Gold has started equipping and preparing for the completion of its second multilateral well. Production is expected to start by Sept 15th, 2024. Successful Drilling and On-Budget Completion: The well was successfully drilled and completed as planned, targeting oil pay in the GP sands. Trans Canada Gold, is pleased to announce that it has started equipping and preparing for the completion of the Company's [...]
Trans Canada Gold Corp. is pleased to announce that it has successfully drilled and completed all legs of the newly drilled multilateral well, on the Company's heavy oil property. The Company encountered oil in all of the target zones of interest in the GP sands. The well is expected to be placed on full oil production shortly, and once the well has been completed and fully equipped, oil production rates will be released [...]
Trans Canada Gold is pleased to announce that the Alberta Energy Regulator has issued a drilling permit, and Croverro has started building the second multilateral drilling location on the project lands near Lloydminster, Alberta. The company expects drilling to commence shortly. Croverro Energy under the terms of the agreement, will be the Operator. Commented Tim Coupland, "We are excited to be near...
Tenth Month of Steady Oil Production: Production for July 2024, 5,715 bbl at an average daily rate of 184 bbl/d gross since production began in October 2023. Exceeding Production Milestone: The Lloydminster multilateral well surpassed the 60,000-barrel production benchmark, with total production over 62,755 barrels. Expansion of Land Holdings: Acquired a 320-acre parcel within the Area of Mutual Interest , expanding [...]
Trans Canada Gold Corp. is pleased to announce that the Company has now completed its tenth full month of robust steady oil production for the month of July 2024, with trucking and oil sales to Altex and Cenovus Energy Ltd. The Company will release the June numbers in the coming days, once finalized. In October 2023, the Company successfully drilled and completed seven multi-lateral legs of the Company's first [...]
Trans Canada Gold has completed its tenth consecutive month of robust oil production for July 2024, with oil sales to Altex and Cenovus Energy; 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 [...]