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WesCan Energy Corp V.WCE

Alternate Symbol(s):  GPIPF

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.


TSXV:WCE - Post by User

Comment by Theconsortmanon Jan 05, 2022 2:05am
110 Views
Post# 34284094

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Q1 Results

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Q1 ResultsI agree. Great plan. They raised 200k last year to do just that but production just kept declining with no production bump so they must not have done any workovers.  Now it looks like they have 1.4 million in outstanding payables. Do they pay the payables or do some workovers?? They have no money..Will the people you owe money to in current outstanding payables do more work for you to do workovers or do you need to find new people? Do you pay the first round people or the second?

Tough decisions.

How do you figure 250k cash flow per month?








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