<p><i><strong>• </strong></i><strong>Progress on Second Multilateral Well:</strong><i><strong> Successfully completed 50% of the drilling on its second multilateral well located on the Company's heavy oil property</strong></i></p><p><i><strong>• </strong></i><strong>Efficient Drilling Operations:</strong><i><strong> Contractor crews, led by Precision Drilling, are progressing efficiently and are expected to complete drilling by August 30, 2024. Completion operations are scheduled to follow in early September.</strong></i></p>
Read More<p><i><strong>Permitting and Timeline: The Alberta Energy Regulator has issued drilling permits, with lease construction nearing completion. Drilling is set to begin.</strong></i></p><p><i><strong>Operational and Financial Preparedness: The well's total costs are projected at $2.2 million, with Trans Canada's fully funded share at $412,500. Croverro Energy Ltd. will operate the project under the partnership agreement.</strong></i></p>
Read More<p><i><strong>• 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.</strong></i></p><p><i><strong>• 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.</strong></i></p><p><i><strong>• Upcoming Drilling of Second Multilateral Well: Trans Canada is preparing to drill its second multilateral horizontal well targeting the General Petroleum (GP) Zone</strong></i></p>
Read MoreOpgal's EyeCGas 2.0, the world's most technologically advanced Optical Gas Imaging camera, now includes real-time built-in gas quantification. Enabling improved and efficient LDAR inspections. EyeCGas 2.0 is the only OGI camera in the market that provides software updates to its customers absolutely free of charge, without the need to purchase a new OGI camera. Now, with the addition of built-in real-time quantification, to its' new as well as existing customers.
Read MoreFocusing on the transitioning energy workforce by providing targeted education and upskilling for the evolving market: Teverra (Formerly Petrolern) and GET (Global Energy Transition) announce the formation of a strategic alliance to provide technical training to advance displaced energy workers, professionals, and entrepreneurs, toward new or existing businesses or employment opportunities to include the new low-carbon emissions economy.
Read MoreGeothermal Rising announce its next Executive Director. Bryant Jones brings years of experience and leadership to help the geothermal industry welcome and advance its next chapter. GR is a community that advocates for the growth and deployment of geothermal energy. The non-profit is a renewable energy think tank designed to educate and inform audiences about the value and benefits of geothermal energy for heating and cooling as well as electricity generation.
Read MoreHaynesville-focused independent E&P enhances ESG operational performance with Project Canary's site-level environmental certification and real-time emissions monitoring
Read MoreHaynesville-focused independent E&P enhances ESG operational performance with Project Canary's site-level environmental certification and real-time emissions monitoring.
Read MoreAs compliance with environmental, social and governance principles transitions from a best practice to an industry requirement, professionals need a focused understanding of ESG to lead their companies and advance their own careers. In this certificate program, participants will gain practical, experiential knowledge from academic instructors, ESG- and sustainability-industry leaders, and access to Project Canary's ESG data platforms.
Read MoreInvestors who participate directly in the development of these oil and natural gas well(s) can expect long-term income (typically 5 to 7 years) and substantial tax shelter (Internal Revenu Code 262(c)). YEPP focus is the proven undeveloped conventional oil and natural gas fields of the continental United States. Proven mature fields utilizing newer day techniques reduces the risk tremendously. YEPP will begin this 2022 program in the central Oklahoma stack pay zone play.
Read MoreMobil™ Solvancer® was developed with ExxonMobil based on Fluitec's DECON™ technology. This product brings together two major lubrication technology leaders to create a solution for one of the most prevalent challenges to our industry, varnish.
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