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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 saturnsamon Jul 07, 2011 8:12pm
356 Views
Post# 18808770

RE: Saturn valued at twice that of WTR

RE: Saturn valued at twice that of WTR"
Saturn and WTR both hit 80+ meters of coal and Saturn has a market cap of $30 million and WTR a market cap of $14 million.  Interesting if nothing else.

stateside"

Yank---saturn's is shallower, appears to be better grade, their property seems to be ontrend for more shallow coal, they also got some property for oil/gas exploration, stellar managment, superb first nations relationships and the ctl process they appear to be investigating looks quite intriguing--
as does the upgrading/'coking coal' deal.


much interest on east coast, overseas, particular germany--where i think they're trading. wtr does not look like it has near the data--altho i do see they are flying some more line. I imagine you---like many others---are hoping gxs,wtr get taken out by saturn

i note the quantex deal is finally starting to be comprehended by wtr shareholders---i did try to enlighten and explain some mos ago, was treated rudely, so lost interest
Bullboard Posts