VANCOUVER, BC, Nov. 6, 2024 /CNW/ - MCF Energy Ltd. (TSXV: MCF) (FRA: DC6) (OTCQX: MCFNF) ("MCF", "MCF Energy" or the "Company") is pleased to advise that operations have commenced in preparation for production testing the Welchau-1 discovery well in the ADX-AT-II licence in Upper Austria. MCF holds a 25% economic interest in the Welchau Investment Area which contains the Welchau-1 discovery and other emerging prospects in the Northern Calcareous Alpes.
An Environmental Clearance has been received from the Department of Nature Protection of the State Government of Upper Austria to undertake production testing operations on the Welchau-1 well. The environmental clearance was the last regulatory requirement to commence continuous (24 hour) production testing operations for a period commencing from October 30, 2024 until March 31, 2025.
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