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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

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Comment by saturnsamon Oct 01, 2011 10:24pm
160 Views
Post# 19108475

RE: RE: drill results

RE: RE: drill resultsGracias, Amigo---mucho appreciated!

However-----you ol' kidder you---although I know you admire my interlect and research,  I got just the 'tiniest' little notion that you think you can flatter me into doing your DD---you rascal!

Ricky---I realize you did not have a total handle on the actual quantex negotiations while they were going on---altho I warned you repeatedly(and others) to do some research and gain some understanding---Nope, ain't gonna say "I tole ya....."----I still see this as an area play and believe all can prosper ---probably best under the star of the mighty saturn---but still prosper.

Anyhow----yes, wtr has some dandy intersects, yes, there is a considerable amount of overburden to be removed, yes, many of their cores are called 'consolidated' with layers of sand, silt, etc interposed with the coal.  But good results.
NO!  I am not going to spell it out for ya'---the numbers are easily available.

This does continue to be a disappointment:

"Westcore is also pleased to announce that discussions with Quantex relating to the negotiation of an exclusive Saskatchewan and Manitoba licence of the Quantex coal-to-liquids process are proceeding well. The bulk sample that was delivered to the Quantex laboratory in Morgantown, W.Va., in late February is currently under analysis, and results are pending. Accordingly, the parties have agreed to extend their previously announced standstill agreement to May 31, 2011."----if i should have the time, and pull by there this winter----I'll maybe blast a few RC holes down and get my own sample---run them thru the olive press, like i offered.  ALL THE BEST!  samiam.




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