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Westcore Energy Ltd V.WTR.H

Westcore Energy Ltd. is a Canada-based oil and gas exploration and development company. The Company is focused on the development of its Success Formation heavy oil fields located in west-central Saskatchewan. It has 100% interest in approximately 9,000 acres of Success Formation land with Westcore drilled wells in production. The Company has 100% interest in 34 net sections of land in two oilfields located in west central Saskatchewan. The Flaxcombe Field and the Riverside projects are both focused on production of heavy oil within the Success Formation. The Flaxcombe/Producing Wells acquired three dimensional (3D) seismic to further delineate locations for horizontal development. It has eight sections of heavy oil land (5 net), and its field production is approximately 170 barrels of oil per day. Riverside/Success Formation has over 29 sections of heavy oil land, and it acquired over10 square kilometers 3D seismic. Its field production is approximately 30 barrels of oil per day.


TSXV:WTR.H - Post by User

Bullboard Posts
Comment by HighTeston Jun 17, 2009 1:47am
343 Views
Post# 16076527

RE: RE: RE: any thoughts?

RE: RE: RE: any thoughts?Doing the kj/kg to BTU/ pound, I see 23.1 meters of 9345 BTU/pound washed coal with 22.6 % ash and 1.5% sulphur, which is pretty good. Considering that it is 29 m below the surface overburden, that makes it even better. One sample hit 10471 BTU washed, which is only 29 BTU short of Sub-bituminous A rank. Not bad for three holes to start with, and two holes awaiting washability results still.

Also, according to the 43-101 report, the holes drilled were priorty rank 4 or 5. They were done sooner due to quicker permitting in Manitoba. The block north of GXS is the one to watch, IMO.

BTU converter: https://www.translatorscafe.com/cafe/units-converter/fuel-efficiency-mass/calculator/Btu-(IT)-per-pound-%5BBtu/lb%5D-to-kilojoule-per-kilogram-%5BkJ/kg%5D/

Bullboard Posts