Mr. Sarshar Ahmad reports
WESCAN ENERGY CORP. PROVIDES OPERATIONAL UPDATE
Wescan Energy Corp. has provided an operational update on its upcoming drilling program.
Drilling program update
Wescan is currently in advanced discussions with its drilling contractor to finalize the rig selection for the company's upcoming drilling program. The company expects to confirm the rig and spud dates in the near term, and looks forward to providing further details to shareholders as the program progresses.
Collaborative approach with area operators
Wescan is working closely with other operators active in the area to co-ordinate the logistics of the upcoming drilling program, including the shared use of common vendors and service providers across the participating companies. By aligning on vendors, scheduling and logistics, the company and its neighbouring operators aim to maintain continuity across the program, which is expected to deliver meaningful operational benefits for all parties involved.
This collaborative approach is anticipated to improve drilling performance, reduce non-productive time, minimize rig-release gaps and ultimately lower the cost per metre drilled. Wescan believes that a co-ordinated execution strategy with area peers represents a practical and efficient way to optimize capital deployment, enhance execution and create value for shareholders while strengthening relationships across the local operating community.
The company will continue to provide updates as the drilling program advances and looks forward to sharing operational results in the coming quarters.
Wescan also announces that Shubham Garg has resigned from the board of directors of the company, effective immediately, due to personal reasons. During his tenure, Mr. Garg provided invaluable insight, strategic guidance and a strong work ethic that meaningfully contributed to shaping Wescan's direction and positioning the company for its next phase of growth. The board and management of Wescan sincerely thank Mr. Garg for his hard work, dedication and the valuable perspective he brought to the company, and wish him continued success in his future endeavours.
About Wescan Energy Corp.
Wescan Energy is a publicly traded oil and gas company engaged in the exploration, development and production of petroleum and natural gas resources in Western Canada.
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