22:05:49 EDT Thu 09 Apr 2026
Enter Symbol
or Name
USA
CA



Wescan Energy Corp
Symbol WCE
Shares Issued 44,622,958
Close 2026-04-09 C$ 0.13
Market Cap C$ 5,800,985
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Wescan Energy acquires Provost 3-D seismic data licence

2026-04-09 18:49 ET - News Release

Mr. Leo Berezan reports

WESCAN ENERGY CORP. ACQUIRES 3D SEISMIC DATA LICENSE COVERING PROVOST ASSETS

Wescan Energy Corp. has acquired a trade licence for existing 3-D seismic data covering its Provost asset area. The acquisition represents a significant step forward in the company's continuing efforts to optimize development and derisk future drilling operations across its core Provost holdings.

The licensed 3-D seismic data are currently undergoing processing and are expected to provide Wescan with high-resolution subsurface imaging across the project area. Once processing is complete, the data set will become a critical tool in the company's technical workflow, supporting reservoir characterization, target identification and detailed geological interpretation.

Management views the acquisition as a cost-effective alternative to commissioning a new seismic program, allowing Wescan to leverage proven, high-quality data while accelerating its technical evaluation timeline. The 3-D volume will play a vital role in the design of future wellbores, enabling more precise placement of horizontal sections, improved geosteering and enhanced confidence in identifying optimal drilling locations.

"Securing this 3-D seismic data set is an important milestone for Wescan as we continue to advance our Provost assets," said Leo Berezan, chief executive officer of Wescan Energy.

Sarshar Ahmad, chief operating officer, added: "Once processing is complete, our technical team, working alongside our geophysicist, will integrate this 3-D data directly into our well planning process for 2026 summer drilling program. The improved subsurface imaging will allow us to refine wellbore trajectories, optimize landing points and enhance geosteering on future drills, ultimately reducing risk and improving the performance of our Provost development program."

The company anticipates that the integration of the 3-D seismic interpretation with existing geological, petrophysical and production data will strengthen its inventory of drill-ready locations and support disciplined capital allocation as Wescan moves forward with its development program.

About Wescan Energy Corp.

Wescan Energy is a Canadian junior oil and gas company focused on the acquisition, development and production of crude oil and natural gas assets in Western Canada, with core operations in the Provost area of Alberta.

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