Star Metro - Trans Canada Gold Corp. Ships 5,183 Barrels for the Month of January 2025, From Both of Its Lloydminster Multilateral Heavy Oil Wells

NYSE - LSE

JRI	0.46%	13.07	$
CMSD	0.27%	22.32	$
BCC	3.58%	96.15	$
GSK	0.82%	39.07	$
RIO	1.93%	59.7	$
AZN	2.66%	72.44	$
SCS	2.66%	10.14	$
BCE	0.05%	21.45	$
NGG	0.04%	71.68	$
RBGPF	100%	67.21	$
BTI	-0.3%	43.17	$
RYCEF	1.26%	10.35	$
CMSC	0.32%	22.1	$
RELX	1.71%	55.02	$
VOD	-1.25%	9.61	$
BP	0.85%	28.12	$

Trans Canada Gold Corp. Ships 5,183 Barrels for the Month of January 2025, From Both of Its Lloydminster Multilateral Heavy Oil Wells

THINGS TO KNOW 06.02.2025

Trans Canada Gold Corp. Ships 5,183 Barrels for the Month of January 2025, From Both of Its Lloydminster Multilateral Heavy Oil Wells

VANCOUVER, BC / ACCESS Newswire / February 6, 2025 / Trans Canada Gold Corp. (TSXV:TTG)(OTCQB:TTGXF) ("Trans Canada" or the "Company"), is pleased to announce that the Company has now completed another month of steady oil production for the month of January 2025, with trucking and oil sales to Altex. The two Lloydminster wells have shipped 5,376 barrels (bbl) for the month of January and produced at an average daily rate of 168.5 bbl/d gross (31.5bbl/d net) to the Company since being placed on production, representing its 18.75% working interest ownership in both wells. Production shipping and sales commenced on the first newly drilled Multilateral well a year ago on October 6^th, 2023, and the new well was brought on production in mid-September 2024. Croverro Energy Ltd. is the Operator.

Text size:

Croverro has set a 2025 preliminary budget, which is currently under review by management, with one Multilateral Sparky well forecasted to be drilled for summer 2025. The proposed well is expected to be identical to the original Sparky well drilled by the Company in October 2023. The Company is currently monitoring oil prices, and the newly proposed new U.S. tariff threat, and will react accordingly to any price swings.

Croverro has proactively implemented a range of repair solutions on the newly drilled GP well blocked at the intermediate casing, including multiple Super Flushes on the well. Croverro remains optimistic about resuming operations and restoring production once the Alberta extreme cold weather conditions improve and the repair plan is fully implemented.

Commented Tim Coupland, "We are expecting steady oil production for 2025, and are exploring additional exploration drilling opportunities in both central Canada and the United States and the Company will continue with its newly adopted multilateral well drilling strategy for 2025-2026 using new state of the art multilateral well drilling techniques in Alberta and Saskatchewan, to create growth."

ABOUT TRANS CANADA GOLD CORP. - OIL AND GAS PRODUCTION/REVENUE PRODUCING WELLS
The Company is a discovery focused Oil & Gas Resource Development and Mineral Exploration Company that is currently focused on developing and drilling its' production of conventional heavy oil exploration properties, increasing production capabilities, and increasing future oil production revenues through responsible exploration. The Company identifies, acquires and finances with its working interest partners, the ongoing development of oil and gas assets primarily situated in Alberta Canada. The Company has qualified Senior exploration management and Geological teams of professionals, seasoned in exploration production, field exploration and drilling. The Company currently works with Croverro Energy Ltd., who has demonstrated proficiency, expected of an experienced oil and gas technical team that has proven oil production, and revenue success with large multi-lateral wells currently under their supervision. The Company has the necessary manpower in place to develop its natural resource properties and manage its production properties. The Company is committed to minimizing risk through selective property acquisitions, and responsible exploration drilling, and maximizing long term petroleum and natural gas resource assets.

FOR FURTHER INFORMATION, PLEASE CONTACT:
Tim Coupland, President and CEO
Trans Canada Gold Corp.
Tel: (604) 681-3131
[email protected]
www.transcanadagold.com

Christian Timmins, Director
Trans Canada Gold Corp.
Tel: (403) 597-3410

Neither the TSX Venture Exchange nor its Regulation Services Provider, (as the term is defined in the Policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Trans Canada Gold Corp.

View the original press release on ACCESS Newswire

M.Anderson--SMC

Featured

Eurovision warms up with over-60s disco

Eurovision host city Basel laid on a mass over-60s disco on Saturday to whip up the party mood ahead of the event's grand final in two weeks' time.

Prince Harry says he would 'love' to reconcile with family

Prince Harry wants "reconciliation" with his estranged family, but "can't see" himself bringing "his wife and children back to the UK" after losing a security court case, he told the BBC Friday.

Battery X Metals Achieves Pivotal Milestone with Delivery of Next-Generation Lithium-Ion Battery Rebalancing Machine and Announces Exclusive Live Reveal Event

News Release Highlights:Battery X Rebalancing Technologies announces the delivery of Prototype 2.0, its second-generation, patent-pending lithium-ion battery rebalancing machine, representing a major advancement in its hardware and software platform.Prototype 2.0 features advanced diagnostics, next-generation rebalancing technology, a compact and efficient design, and expanded technical capabilities, positioning the Company for future commercialization.Prototype 2.0 marks the second major milestone for Battery X Rebalancing Technologies in 2025, following the submission of provisional patent applications to the USPTO for its next-generation rebalancing innovations.Battery X Rebalancing Technologies plans to host an exclusive live investor reveal event in May 2025, and report preliminary results from initial EV battery rebalancing trials.

Irving Resources Reports Change of Chief Financial Officer

VANCOUVER, BC / ACCESS Newswire / May 2, 2025 / Irving Resources Inc. (CSE:IRV)(OTCQX:IRVRF) ("Irving" or the "Company") reports that Queenie Kuang has succeeded Ronan Sabo-Walsh as its chief financial officer and corporate secretary. The Company thanks Mr. Sabo-Walsh for his services the past couple of years while also handling his full-time duties at a private base metals producer with assets in South America and Europe.