Angkor Gold (TSE:ANK) has released an update.
Angkor Resources, through its subsidiary EnerCam, reports a substantial increase in net proceeds from its Evesham project due to a narrowed price differential for Canadian crude oil. This improvement follows the expansion of the Trans Mountain Pipeline, anticipated to stabilize price differentials and expand market reach, promising more competitive pricing and opportunities in the energy sector. The company highlights significant increases in realized pricing for small producers and a positive outlook for Canadian oil exports.
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