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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 Theconsortmanon Sep 07, 2021 3:19pm
91 Views
Post# 33819898

RE:RE:RE:RE:RE:RE:RE:RE:RE:Q1 Results

RE:RE:RE:RE:RE:RE:RE:RE:RE:Q1 ResultsIt looks like you may be right, a few "wells" may be just multiple events. A maunaul count shows 23 wells. Non producing wells just don't magically disappear off the books. Which brings me to a question. What is Wescans LMR?

Last MD&A shows 1.69 million in decomission liabilities but no mention of LMR.

Working capital deficiency June 30: $1.8 million does this include the $700k loaned to it by a shareholder?





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