MCF Energy Announces Planned Well Testing Program for Welchau-1 Discovery in Austria

MCF Energy Ltd. is pleased to announce the planned well testing program for the Welchau-1 discovery in Upper Austria. The company holds a 25% economic interest in the Welchau Exploration Area, where the Welchau-1 well intersected three promising carbonate reservoirs. Testing is scheduled to commence on October 15, 2024, aiming to confirm hydrocarbon characteristics, determine well productivity, and estimate recoverable resource volumes.

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