Business
Wescan Energy Corp. Successfully Completes Drilling of Multilateral Oil Well in Provost Area
(TheNewswire) Calgary, Alberta – TheNewswire - August 20, 2025  ...
About this update from Wescan Energy Corp.
[{"type":"text","content":"Wescan Energy Corp. Successfully Completes Drilling of Multilateral Oil Well in Provost Area\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Calgary, Alberta –\n \n\n TheNewswire -\n \n\n August 20,\n2025\n \n\n – Wescan Energy Corp. (\"Wescan\"\nor the \"Company\") is pleased to announce the successful\ncompletion of drilling operations for its multilateral horizontal oil\nwell located in the Provost area of east-central Alberta.\n \n\n\n\n\n\n The well was drilled on\ntime and under the approved authorization for expenditure (AFE)\nbudget, marking a key operational milestone in Wescan’s 2025 capital\nprogram targeting oil development in the Mannville Group. The wellbore\nwas designed with multiple horizontal laterals to enhance reservoir\ncontact, improve recovery, and reduce surface disturbance. No\noperational issues were encountered during the drilling phase.\n \n\n\n\n\n\n Wescan is currently\nconducting pressure testing on the well and anticipates commencing\nproduction by late August to early September 2025.\n \n\n\n\n\n\n “We are very\nencouraged by the execution of this drilling program and remain\nfocused on delivering capital-efficient growth,” said Leo Berezan,\nChief Executive Officer of Wescan Energy Corp. “With drilling\ncompleted under budget, we look forward to bringing this well on\nstream shortly.”\n \n\n\n\n\n\n The Company will provide\nadditional updates upon production startup and once stabilized flow\nrates have been established.\n \n\n\n\n\n\n About\nWescan Energy Corp.:\n \n\n\n\n Wescan Energy Corp. is a Canadian junior oil and gas\ncompany focused on the efficient development of oil assets in Alberta.\n \n\n\n\n\n\n For\nmore information, please contact:\n \n\n\n\n Leo Berezan\n \n President & CEO\n \n Wescan Energy Corp.\n \n www.wescanenergycorp.com\n \n\n\n\n NEITHER THE TSX\nVENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS\nDEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS\nRESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS\nRELEASE.\n \n\n\n\n Disclaimer for Forward-Looking\nInformation\n \n\n\n\n Except for statements of historical fact, this news\nrelease contains certain “forward-looking information” within the\nmeaning of applicable securities law. Forward-looking information ...