WesCan Energy Corp V.WCE

Alternate Symbol(s): GPIPF

Energy Oil & Gas E&P

WesCan Energy Corp. is a Canada-based junior public resource company. The Company is engaged in the business of oil and gas exploration, development and production with oil and gas operations and property interests in Alberta, Canada and Texas, United States of America. It is focused on exploration and development of light oil and liquids-rich natural gas opportunities in Alberta and Saskatchewan. Its assets are comprised of 100% operated, oil-weighted properties characterized by multi-zone oil reservoirs.

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WesCan Energy Corp > value

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Comment by bdepardeon Nov 29, 2021 10:42pm

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Post# 34178510

RE:RE:RE:value

Theconsortman wrote: defamatory? Merely posting the monthly production figures that have been decreasing steadily ove rhte past few months. When WCE last raised money they said it was for workovers to increase production. That has not happened yet as per the numbers. What is defamatory about that?

Patience. There is value here. I takes time to repair a balance sheet. We need some drilling. A joint venture would be great. Full utilization of the battery would be great. Wescan will bring in more revenue now that they can sell their natural gas again.

Look at these numbers WTI crude traded up 105% from an average price of $33.19 (US$/BBL) during 2020 to an average price of $68.12 ($US/BBL) in 2021. Bow River crude traded up 135% from an average price of $29.69 ($CDN/BBL) in 2020 to an average price of $69.72 ($CDN/BBL) during 2021. The average daily spot price for AECO natural gas increased 51% from $2.08/MCF in 2020 to an average price of $3.14/MCF in 2021.