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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 Feb 24, 2022 5:52pm
88 Views
Post# 34459828

RE:RE:RE:RE:RE:RE:RE:RE:RE:Low-cost, Drilling, Netbacks, Low P/E Forecast Valuation

RE:RE:RE:RE:RE:RE:RE:RE:RE:Low-cost, Drilling, Netbacks, Low P/E Forecast ValuationSo if someone drills a dud well right beside one of the few sections you own there is no material impact? Seeing that would you drill on your side of the line?  

There is no grudge just calling things out as I see them. People keep saying 100 bopd+ in 2021 whent he workovers are done. Reality is 50-60 bopd. Why are you so promotional?

This thing touched 100 bopd in 2017 and then again in 2018. Since then it has been a steady decline down to about 55 bopd. There has been a small 5 bopd bump in the last month. With this performance please let us all know why this will be differnt production wise. Obviously things are looking much better on a pricing front.

A updated coporate presentaion detailing out the years plans and future strategy would go a long way towards clearing the smoke.






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