Northwire Canada EditionFriday, August 14, 2026
Northwire
NPK 0.870 +1.2% GRZ 6.26 −1.4% AVL 5.23 +3.0% TSLV 0.085 −5.6% MPVD 0.015 +0.0% DNG 6.61 +0.0% GLO 0.610 −4.7% CTGO 27.39 +0.5% SKE 45.73 −1.1% MTA 12.63 −0.7% VMET 14.15 +1.8% IMM 0.065 +0.0% LMCU 9.60 −1.9% EFF 0.025 −16.7% AYA 37.44 −4.2% MDM 0.060 +0.0% NPK 0.870 +1.2% GRZ 6.26 −1.4% AVL 5.23 +3.0% TSLV 0.085 −5.6% MPVD 0.015 +0.0% DNG 6.61 +0.0% GLO 0.610 −4.7% CTGO 27.39 +0.5% SKE 45.73 −1.1% MTA 12.63 −0.7% VMET 14.15 +1.8% IMM 0.065 +0.0% LMCU 9.60 −1.9% EFF 0.025 −16.7% AYA 37.44 −4.2% MDM 0.060 +0.0%

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Original News Release

Trans Canada ships 7,239 bbl oil in June, July, August

Mr. Tim Coupland reports TRANS CANADA GOLD CORP. SHIPS 7,239 BARRELS FOR THE MONTHS OF JUNE, JULY AND AUGUST 2025, FROM ITS LLOYDMINSTER MULTILATERAL HEAVY OIL WELL AND PREPARES FOR THE UPCOMING FALL MULITLATERAL DRILLING PROGRAM Trans Canada Gold Corp. has now completed another three months of steady oil production for the months of June, July and August, 2025, with trucking and oil sales to Altex. The Lloydminster multilateral well produced 2,370 barrels (bbl) for the month of June at an average daily rate of 79 barrels per day (bbl/d) gross (15 bbl/d net), produced 2,517 bbl for the month of July at an average daily rate of 81 bbl/d gross (15 bbl/d net) and produced another 2,348 bbl for the month of August at a daily rate of 76 bbl/d gross (14 bbl/d net) to the company since being placed on production, representing its 18.75-per-cent working interest ownership in the well. Production shipping and sales commenced on the first newly drilled multilateral well, on Oct. 6, 2023. Croverro Energy Ltd. is the operator. Multilateral drill permit and well licence approved/drilling pending The company has received all formal approval from the AER for its new Lloyd 5-23-49-1W4 well with the issuance of its well licence and drill permit for its upcoming new seven-leg multilateral well and drill program situated near Lloydminster, Alta. The company has agreed to participate to drill a seven-leg Sparky multilateral well with Croverro as operator for the joint venture. The proposed 5-23 multilateral well will be situated adjacent to the company's successful 12-14 multilateral well, near Lloydminster, Alta. Trans Canada has an 18.75-per-cent interest in the new well. This third multilateral horizontal well is expected to be similar to the company's successful 7HZ Lloyd 12-14-49-01W4 well, which was drilled in 2023 and encountered 2,486 metres of oil pay in the Sparky oil formation. The 12-14 Sparky multilateral well has now produced over 114,000 barrels of oil and continues to produce consistently month over month. The newly permitted 5-23 multilateral well, when drilled, is planned to open an estimated 3,000 metres of Sparky formation. The well is scheduled to be drilled later this fall subject to stable oil pricing and rig availability. Drilling, completion and equipping costs are expected to be $1.9-million ($350,000 net to Trans Canada). The well costs are fully financed out of production cash flow, thereby preventing any share dilution. Commented Tim Coupland: "We continue to focus on continued multilateral drilling success in the Sparky zone, while waiting patiently for direction and guidance from our operator and navigating the increased market volatility and lower energy prices in the oil sector. The company remains mindful of the current pricing uncertainty within energy sector and Canadian energy policy direction. We are expecting increased oil production for 2025 with our upcoming drill programs, and we are exploring additional oil exploration drilling and acquisition opportunities in both central Canada and the United States. The company will continue with its newly adopted multilateral well drilling strategy for 2025 to 2026, using new state-of-the-art multilateral well drilling techniques in Alberta and Saskatchewan, to create growth." About Trans Canada Gold Corp. The company is a discovery-focused oil and 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 continuing 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, which has demonstrated proficiency, expected of an experienced oil and gas technical team that has proven oil production and revenue success with large multilateral wells currently under its 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.
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