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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 > Lsd
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Comment by Theconsortmanon Aug 10, 2022 8:06pm
138 Views
Post# 34886869

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Lsd

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:LsdA proper open hole mutli lateral out here is going to cost $1.2 million fully dressed minimum. They raised $500k 6 months ago so they need a partner or another raise to make up the $700k shortfall.

I doubt any field services will move for them unless they pay in advance due to their previous track record of not paying invoices and settling for pennies on the dollar.

They need to find a partner I think to fund the drill.


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