MCF Energy Begins Testing at Austrian Well

Pinedale Energy Limited (TSE:MCF) has released an update.

MCF Energy Ltd. has commenced operations to test the Welchau-1 discovery well in Austria, aiming to determine the reservoir’s fluid type, flow capacity, and reserve potential. The company holds a 25% economic interest in the area and has received the necessary environmental clearance to proceed with testing, which is expected to last up to six months.

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