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WesCan Energy Corp V.WCE

Alternate Symbol(s):  GPIPF

Energy Oil & Gas E&P
WesCan Energy Corp. is a Canada-based junior public resource company. The Company is engaged in the business of oil and gas exploration, development and production with oil and gas operations and property interests in Alberta, Canada and Texas, United States of America. It is focused on exploration and development of light oil and liquids-rich natural gas opportunities in Alberta and Saskatchewan. The Company’s assets are comprised of 100% operated, oil-weighted properties characterized by multi-zone oil reservoirs with low declines that include a number of low risk, multilateral horizontal development drilling locations. The Company focuses on pursuing and evaluating strategic acquisitions with synergistic characteristics of long-life producing assets and opportunities with low risk and upside potential.


TSXV:WCE - Post by User

WesCan Energy Corp
Bullboard Posts
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(2)
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Post by bdepardeon May 22, 2018 8:30pm
95 Views
Post# 28066734

Q4 2017 financials

Q4 2017 financials “Oil and gas revenues would not be significantly impacted by changes in oil and natural gas prices. As at December 31, 2017 for a 1% increase/decrease in the price of oil and gas, revenue would increase/decrease by approximately $5,000 per quarter based upon December 2017 prices and volumes.”

Being that oil prices are up 21% since then the companies quarterly revenue should increase by over  100k or 400k for the year.
Bullboard Posts
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