Tuktu Q2 FY26 net loss widens to $234,480; petroleum and natural gas sales fall 41% to $1.45 million

Reuters2026/08/24 21:01

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Tuktu posted a net loss of $234,480 in Q2 2026, widening from the prior-year quarter.
Petroleum and natural gas sales fell 41% to $1.45 million versus Q2 2025.
Average output dropped 37% to 393 boe/d; crude oil slid 61% to 116 bbl/d on natural declines at its light-oil discovery well.
Operating netback edged up 4% to $10.09/boe as royalties fell to $6.57/boe, partly offset by higher operating costs of $23/boe.
Signed a non-binding RNG-Biogas MOU for its Foothills gas facility; sold its remaining 10% working interest in Isintok.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tuktu Resources Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608241700NEWSFILECNPR____20260824_311230_1) on August 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Tuktu Q2 FY26 net loss widens to $234,480; petroleum and natural gas sales fall 41% to $1.45 million

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