Mr. Leo Berezan reports

WESCAN ENERGY CORP. ANNOUNCES SUCCESSFUL STARTUP AND STEADY PRODUCTION GROWTH AT PROVOST WELL

Wescan Energy Corp.'s recently drilled Provost well (04/15-27-038-03W4/0) has established commercially economic production.

The well, which began production in early September, has transitioned smoothly from initial fluid recovery to consistent oil and gas output. Daily production volumes have shown a steady upward trend, marking a key milestone in the development of this asset.

In addition, Wescan successfully completed a battery turnaround in the Provost area during September, ensuring enhanced operational reliability and production handling capacity.

September, 2025, highlights (to Sept. 24):

• Oil production increased from six cubic metres per day (approximately 38 barrels of oil per day) at start-up to over 14 cubic metres per day (approximately 88 bopd) mid-month, peaking at 16.4 cubic metres per day (approximately 103 bopd);
• Gas production rose steadily, exceeding 1,000 cubic metres per day (approximately 35,300 cubic feet per day) by the third week of September;
• Water cut improved to an average of approximately 65 per cent mid-month, with signs of further stabilization;
• Operational stability achieved with consistent pump rates and strong fluid-handling capacity;
• Corporate production now averages approximately 32.77 cubic metres per day (approximately 200 bopd) of oil and 5,360 cubic metres per day (approximately 190,000 cubic feet per day) of natural gas for a combined 232 barrels of oil equivalent per day.

Wescan's operations team effectively addressed early-stage challenges -- including fluid hauling, foamy oil and tank level controls -- ensuring safe and efficient performance. The well is now delivering commercial oil volumes with improving oil cuts, strengthening the company's production base.

"We are very encouraged by the strong start at Provost. Oil and gas rates are trending positively, and our team has done an excellent job optimizing performance in the first month," said Leo Berezan, president and chief executive officer of Wescan Energy. "This well strengthens our growth trajectory and provides further confidence in our Provost development strategy."

Looking ahead

Wescan will continue to monitor and optimize performance at Provost and is actively advancing two additional drilling targets in the area to build on the early success of the multilateral program.

About Wescan Energy Corp.

Wescan Energy is a Canadian oil and gas exploration and production company focused on the sustainable development of high-quality resource plays in Western Canada. The company is committed to operational excellence, responsible development and creating long-term shareholder value.

We seek Safe Harbor.