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Calgary, AB – TheNewswire - June 9 , 2025 – Wescan Energy Corporation (TSXV: WCE), a Calgary-based junior oil and gas company, is pleased to announce that it has been granted a drilling license by the Alberta Energy Regulator (AER) for a multilateral well in Alberta. This license marks a significant milestone in the company’s development strategy and underscores its commitment to sustainable and efficient resource development.
The multilateral well is scheduled for drilling and production in the third quarter of 2025. This strategic project is designed to enhance the company’s production and optimize oil recovery, all while minimizing surface footprint and operational costs. Wescan anticipates that this advanced drilling technique will increase overall production capacity and deliver greater value to shareholders.
About Wescan Energy Corporation
Wescan Energy Corporation is a junior oil and
gas company listed on the TSX Venture Exchange under the symbol WCE.
The company focuses on the acquisition, development, and production of
oil and natural gas assets in Western Canada. With a commitment to
operational excellence and environmental stewardship, Wescan Energy
continues to pursue opportunities that deliver value to its
shareholders and contribute to the growth of the energy sector.
Forward-Looking Statements
Certain statements in this
press release may constitute forward-looking information within the
meaning of applicable securities laws. Such statements involve known
and unknown risks, uncertainties, and other factors that may cause
actual results to differ materially from those anticipated. Readers
are cautioned not to place undue reliance on these forward-looking
statements.
Contact Information
For further information, please contact:
Wescan Energy Corporation
3 Bearspaw Meadows Court
Calgary, Alberta T3L 2N2
Phone: 403-816-4037
Email: info@wescanenergycorp.com
Website:
www.wescanenergycorp.com
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