WesCan Energy Corp.
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Leo N. S. Berezan
- Full Time Employees
- - -
- Sector
- Energy minerals
- Industry
- Oil & gas production
- Address
- 520 – 5th Avenue S.W. Calgary AB Canada T2P 3N9
- IPO Date
- Jun 29, 1994
- Website
- wescanenergycorp.com
- Similar Companies
- Business
- WesCan Energy Corp. (TSX-V: WCE) engages in the exploration, development, and production of oil and gas properties and reserves, with a primary focus on light oil and liquids-rich natural gas opportunities in the Provost region of Alberta and other areas of Alberta and Saskatchewan, Canada. The company holds interests in petroleum and natural gas assets, including multilateral development wells; it operates production facilities for oil, natural gas, and associated fluids handling. WesCan maintains a balanced portfolio targeting shareholder returns through high-return projects while adhering to corporate and social responsibility standards. In September 2025, WesCan announces the successful startup and steady production growth at its newly drilled multilateral Provost well (0415-27-038-03W40), which achieves commercially economic output with oil production rising from 38 bopd at startup to a peak of 103 bopd, gas exceeding 35 Mcfd, and corporate totals reaching 200 bopd oil and 190 Mcfd gas for 232 boe/d; the company also completes a battery turnaround in the Provost area to enhance operational reliability. Earlier in 2025, WesCan spuds and completes this multilateral development well under budget, with first production commencing in early September, and advances two additional drilling targets in the area. The company reports fiscal 2025 year-end financial and operating results in July 2025, alongside second-quarter earnings for the six months ended September 30, 2025, reflecting ongoing optimization efforts. WesCan Energy Corp., founded in 1993 and headquartered in Calgary, Alberta, trades on the TSX Venture Exchange under the symbol WCE.V; it was formerly known as Great Pacific International Inc. until renaming in October 2012. Operations concentrate on Western Canada, serving investors in the junior energy sector with no reported subsidiaries or parent relationships.
Company News
WesCan Energy Reports Fiscal 2026 Year-End Results: Provost Multilateral Drives 50% Netback Expansion and 134% Increase in Adjusted Funds Flow
WesCan Energy Corp. Provides Operational Update
Wescan Energy Corp. Acquires 3D Seismic Data License Covering Provost Assets
WesCan Energy Corp. Announces Third Quarter 2026 Results; Achieves Record Operating Cash Flow and Significant Debt Reduction
WesCan Energy Corp. Announces Successful Startup and Steady Production Growth at Provost Well
WesCan Energy Corp. Reports Q1 2026 Results and Provides Operational Update
Wescan Energy Corp. Successfully Completes Drilling of Multilateral Oil Well in Provost Area
WesCan Energy Announces Loan Transaction
Wescan Energy Corp. Announces Spud of Multilateral Development Well in Provost Area
WesCan Energy Announces Issuance of Stock Options
WesCan Energy Corp. Announces Fiscal 2025 Year-End Financial and Operating Results, Provides Operations Update