News Releases..WEE vs PEPNews Release from Wee.v
What you should know about WEE
Stock rose on a number NRs claiming amazing percentage increases in their recovery from near dead fields.
They never reveal the number of barrels they increased the field from and too. They use nothing but percentages.
So its much smoother in a news release to say you got a 200% increase than say you have a well producing 2 bbls/day and then say after spending a tonne of money on this new injection crap that you got the 2bbls to 6bbls
News Release from PEP.v
The testing has produced a significant 600 % increase in production from the original well production. Historical fluid production on test well 9/16 increased from 2.1 m3 (13.21 bpd) to 9-12 m3 (56.6-75.5 bpd).