Gunsynd ( (GB:GUN) ) has issued an announcement.
Gunsynd PLC announced that its investee company, Omega Oil and Gas, is set to begin a fracture stimulation program for its Canyon-1H well on March 2, 2025. This program aims to demonstrate potentially commercial flow rates from the Canyon Sandstone, with testing expected to last 5-7 days followed by a 30-day flow test. Gunsynd had previously invested in Omega by purchasing shares during its IPO fundraising.
More about Gunsynd
Gunsynd PLC is a company that invests in various sectors, including energy and resources. It has a stake in Omega Oil and Gas Limited, an Australian company focused on natural gas exploration and oil production.
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