Business
WesCan Energy Acquires Additional Lands at Provost
Calgary, Alberta--(Newsfile Corp. - February 13, 2023) - WesCan Energy Corp. (TSXV: WCE) (" WesCa...
About this update from Wescan Energy Corp.
[{"type":"text","content":"WesCan Energy Acquires Additional Lands at ProvostCalgary, Alberta--(Newsfile Corp. - February 13, 2023) - WesCan Energy Corp. (TSXV: WCE) (\"WesCan\" or the \"Company\") is pleased to announce that it has successfully closed the acquisition of additional lands within the Company's core area at Provost, Alberta.Further to the Company's news release on January 19, 2023, wherein, the overall drilling operations and related production from the success of the \"new\" well provided valuable geological data that was supportive of continuing its preliminary work for a second multi-leg horizontal well at Provost. As a result, the Company acquired an additional 240 acres that are contiguous with WesCan's current land position, all of which are 100% owned and operated by WesCan, (\"100% working interest\"). The acquired acreage should allow for additional recovery of hydrocarbons within the geological parameters identified in the formation of interest. The company continues to further evaluate the prospect and budget for the subsequent drilling event. FOR FURTHER INFORMATION, PLEASE CONTACT:Greg T. Busby, President & CEOWESCAN ENERGY CORP.Tel: (403) 265-9464John H. Cassels, CFOWESCAN ENERGY CORP.Tel: (403) 265-9464TSX Venture: WCEwww.wescanenergycorp.comThis news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the \"U.S. Securities Act\") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.Disclaimer for Forward-Looking Information Except for statements of historical fact, this news release contains certain \"forward-looking information\" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as \"plan\", \"expect\", \"project\", \"intend\", \"believe\", \"anticipate\", \"estimate\" and ...