0 seconds of 6 minutes, 35 secondsVolume 0%
Press shift question mark to access a list of keyboard shortcuts
00:00
06:35
06:35
 
  • G2 Energy (GTOO) has announced its six-month plan and related debenture financing
  • Its six-month plan is focused on increasing base production from the Masten Unit, acquiring Bridwell Oil’s Masten Lease and optimizing production from current producers
  • G2 Energy CEO Slawek Smulewicz and COO James Tague sat down with Daniella Atkinson to discuss their plan
  • Vancouver-based G2 Technologies Corp. is focused on developing opportunities in the energy sector
  • G2 Technologies Corp. (GTOO) opened trading at C$0.065 per share

G2 Energy Corp. (GTOO) has announced its six-month plan and related debenture financing.

G2’s six-month plan is focused on executing the following:

  1. Increasing base production from the Masten Unit.
  2. Acquiring the Bridwell Oil Company’s Masten Lease (Bridwell).
  3. Optimizing production from current producers and idle wells on the Bridwell and Masten leases.

The company has also announced a US$1,000,000 non-brokered convertible debenture private placement financing to finance the six-month plan and working capital.  

G2 Energy CEO Slawek Smulewicz and COO James Tague sat down with Daniella Atkinson to discuss their plan.

Vancouver-based G2 Technologies Corp. is focused on developing opportunities in the energy sector. A partnership between G2 and Caltron Oil Pty Ltd. (Caltron) has been formed to acquire onshore oil fields in California.

G2 Energy Corp. (GTOO) opened trading at C$0.065 per share.


More From The Market Online
ai generated stock image.

@ the Bell: Did markets grow on the first day of spring?

TSX growth was driven by strong performances in the energy and financial sectors, supported by rising oil prices.
ai generated stock image

Buzz on the Bullboards: A $15 billion oil business combination, Trump, & everything in-between

This decline has been exacerbated by President Donald Trump’s erratic implementation of tariff policies and a drop in consumer confidence.
Stock image generated with AI

@ the Bell: TSX rallies in the face of Fed’s interest-rate verdict

The TSX moved higher on Wednesday as investors braced for the US Federal Reserve's interest-rate verdict and contend with weak economic data.