Westcore Energy Ltd V.WTR.H

Energy Oil & Gas E&P

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

Westcore Energy Ltd

Bullboard Posts

Comment by HighTeston Feb 01, 2010 4:27pm

411 Views

Post# 16741117

RE: Drill times?

Last year there was no announcement about a start to drilling. The MacNeills slipped into Manitoba and were doing the work (required, and permits in hand anyway) without anyone noticing, before the QT had been approved. They essentially dropped the bombshell that they hit thick coal out of the blue, which WTR quickly passed along to the rest of us.

The only holdup this year should be making roads into wherever they need to go, to get to the GXS-picked targets.

HT

Bullboard Posts

Quebecor achieves all Freedom Mobile acquisition commitments