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WesCan Energy Corp V.WCE

Alternate Symbol(s):  GPIPF

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

Comment by Roddiggition Mar 19, 2021 4:43pm
59 Views
Post# 32840437

RE:RE:RE:Insider support shows much promise with WCE's property

RE:RE:RE:Insider support shows much promise with WCE's propertyCompany told my associate that there's a few options, but the best path forward in terms of really increasing production is drilling a couple conventional wells. High chance of success given the enormous amount of data from that field and cost vs production possible looks good. Their 25 wells(including the workovers being done now) provides a solid base and then a new catalyst, whatever it is, should really give the stock some momentum. With 35.4 million shares now, it's still tightly held by management and friends/family. So that group must be quite confident that this field will offer some great upside potential one way or another. 
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