G2 Energy Optimistic Despite Production Delays

G2 Energy (TSE:GTOO) has released an update.

G2 Energy Corp. reports operational updates and oil production figures for June 2024, with a total of 1,642.85 barrels of oil produced and $99,534 in estimated revenue despite delays due to workover program extensions and weather disruptions. The company remains optimistic about increasing production upon the completion of these works. Their focus is on low-risk, high-return oil and gas opportunities, with the Masten Unit in Texas being its primary asset.

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