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Valor | Energy Connection – June 23, 2025

Valor

Read more US oil rig count down by 1, says Baker Hughes Summary : For the week ended June 20, the total U.S. active drilling rig count fell by 1 to 554, marking a continued decline and sitting 34 rigs below the count from the same time last year. oil-and-gas exploration stocks amid the recent tensions.

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THE SIZE OF THE PRIZE HINGES ON THE CURRENT DRILL PROGRAM NEXMETALS MINING CORP NEXM-TSXV

Oil and Gas Investments

But Giustra brought in a new operating team, and led the initial finance rounds into West Red Lake Gold Mines (WRLG-TSX) —and now, VOILA—they just announced commercial production. Having all these past benefits ready to go saves time and money in getting to production: 1. But don’t kid yourself, this is exploration—it’s risky.

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Prairie Operating Co. announces 11-well development at Rusch Pad

Oil & Gas 360º

The first well was spud on April 1, 2025, utilizing Precision E-Drilling Rig 461, as part of the Companys continued strategy to expand production and enhance operational efficiencies in the Denver-Julesburg (DJ) Basin. Drilling is expected to be completed by early June, with hydraulic fracturing commencing shortly after.

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Cactus Drilling: A Year-to-Date Look at U.S. Drilling Activity

Oil Gas Leads

As of this year, a total of 120 wells have been drilled by Cactus rigs, demonstrating strong industry demand and continued investment in drilling operations. Below, we break down the latest data, highlighting top trends in drilling activity by province, operator, county, and rig utilization.

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Saturn Oil & Gas Inc. provides Q1/25 capital program update and accelerates debt repayment with US$15 million senior note repurchase and cancellation

Oil & Gas 360º

Im proud to showcase Saturns ongoing operational efficiency with an average 20% well outperformance while our spending remains on budget, providing valuable flexibility in a tumultuous market, and positioning us to reallocate capital as may be needed without impacting our production guidance, said John Jeffrey, Chief Executive Officer of Saturn.

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