Jasper Mining (TSE:TUK) has released an update.
Tuktu Resources Ltd., a Calgary-based company, has announced a successful light oil discovery and land acquisition in the Southern Alberta deep basin, which significantly exceeds the company’s initial expectations. This development not only triples Tuktu’s oil production but also delineates a new productive oil fairway. The company is now planning the most cost-effective methods to capitalize on this substantial discovery.
For further insights into TSE:TUK stock, check out TipRanks’ Stock Analysis page.