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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
Post by HighTeston Dec 11, 2009 10:13am
617 Views
Post# 16577305

Our Version Of The NR

Our Version Of The NRIncludes this
"Paul Conroy, President and CEO, states: "Westcore is extremely fortunate to have this agreement with Goldsource. Since their initial discovery of coal near Hudson Bay in early 2008, Goldsource has defined six coal-bearing regions at Border that span a distance of about 30 kilometres, from north to south. There is no reason to suspect that the coal deposits stop at Goldsource's northern boundary, making the Hudson Bay North property highly prospective ground for coal exploration. Having the benefit of Goldsource's substantial experience in delineating high-probability coal targets on our properties is expected to make our pending drilling program substantially more efficient and effective. We look forward to obtaining these initial targets and commencing drilling in the immediate future." "
https://www.marketwire.com/press-release/Westcore-Energy-Ltd-TSX-VENTURE-WTR-1089649.html
Bullboard Posts