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Bullboard - Stock Discussion Forum Westmount Energy WMELF

Westmount Energy Ltd operates as an energy investment company. Its investment strategy is to provide seed capital to small companies that are identified as having good growth possibilities. Its portfolio of energy shares includes Guyana Basin and Falklands Basin. The company also focuses on repositioning itself as an exploration and production investor in the conventional oil and gas sector.

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well should be at total depth

i would calculate that we should hear news with 10 to 12 days , time it takes to log and test a well , here is hoping that the third well is commercial , if not the balance sheet will have to be...read more

disappointed but there are still plenty of drill locations

wont be any joy now until Sappoto is spudded all it takes is one well , balance sheet able to fund three more wells at a minimum.  will lick my wounds wait for the market to sell off a little...read more

Oil & Gas Co. Announces Closing of Viking Acquisition and Non-Brokered Private Placement

"With the closing of the Viking Acquisition, Saturn is firmly established as a sustainable developer of light oil in Canada," said John Jeffrey, CEO of Saturn. "We now have a total inventory of over 500 (gross) booked drilling locations in addition to an extensive list of optimization candidates in our existing portfolio of wells and facilities allowing Saturn the internal capabilities to organically grow production while also ...read more

interesting JHI placement with ECO oil symbol EOG

working backwards would appear that Eog negotiated a discount to WMELF valuation of about 25 percent , entirely reasonable , good to have very smart money investing , gives staying power for next...read more

on to well 2

not the end of the world , hopefully it trades back down to less then 20 cents and we can accumulate more  rate and reply

you tube video

https://youtu.be/9ui1iTBvPrI  rate and reply

total depth and logging operations underway

5 January 2021 Westmount Energy Limited (LON:WTE) has highlighted the start of drilling operations at the Bulletwood-1 well, part of the Canje exploration project offshore Guyana. The...read more

good map

  rate and reply

from exon

The company last month began spudding its first well in the controversial Canje Block and said it was expected to be on location for several weeks. A notice by the Maritime Administration Department...read more

drillship is progressing as planned

Drillbit turning, it is on schedule for a mid February total depth, first test in the basin of the floor aong with the shelf , the entire basin waiting on results as it will solve a fair amount of of...read more

apache validates basin

What is fast becoming the world’s hottest offshore oil play, the Guyana-Suriname Basin, has entered the headlines once again. Hot on the heels of ExxonMobil and its partner Malaysian state-controlled...read more

in the news potential 10 billion barrels

e Bulletwood-1 well is the first well to be drilled in the Canje block and was spudded by the Stena Carron drillship which commenced drilling on December 31, 2020, in a water depth of 2846 m. This...read more

binary result with 4 lotto tickets as drilling begins canje

the drill ship is onsight and the bit is turning , will find out soon enough how good the geological geniuses at Total , exon and JHI are. potential to confirm on the Canje block as the "sorce...read more