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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 Feb 18, 2012 3:47pm
132 Views
Post# 19554427

RE: lots of Insider Buying in this one

RE: lots of Insider Buying in this one

Well worth looking at---gxs, wtr, smi all in area---first two with quite a bit less paper out----but all in same price range.   last is more diversified---if one does good, all should---hopefully, quite the area play, hopefully, between the 3, there'll be enough coal for major developement, possibly some ctl or other 'value added'----it should work as straight up coal play, but if we can sweeten that, it'll be.......sweet!

Bullboard Posts