Wescan Energy's Provost reaches economic production

Executive Summary

• Wescan Energy’s Provost well achieved commercially economic production, increasing oil output from ~38 bbl/d at startup to a peak of ~103 bbl/d within the first month.
• Gas production rose to >35,300 cf/d by week three, and overall corporate production now averages ~200 bbl eq/d (oil + gas).
• The company completed a battery turnaround in the Provost area, enhancing operational reliability and fluid‑handling capacity.

Key Details

• Well Identification: Provost well (04/15-27-038-03W4/0) entered production early September 2025.
• Oil Production Growth:
• Startup: 6 m³/d ≈ 38 bbl/d
• Mid‑month: >14 m³/d ≈ 88 bbl/d
• Peak: 16.4 m³/d ≈ 103 bbl/d
• Gas Production: Exceeded 1,000 m³/d (≈ 35,300 cf/d) by the third week of September.
• Water Cut: Improved to an average of ~65 % mid‑month with further stabilization expected.
• Corporate Average Production: ≈ 32.77 m³/d oil (≈ 200 bbl/d) and 5,360 m³/d gas (≈ 190,000 cf/d), totaling ~232 boe/d.
• Operational Enhancements: Completed a battery turnaround in the Provost area during September, increasing pump reliability and fluid‑handling capacity.
• Early‑Stage Challenges Addressed: Fluid hauling, foamy oil, and tank level controls were resolved, ensuring safe, efficient performance.
• Future Plans: Ongoing monitoring/optimization of Provost well; advancing two additional drilling targets in the area to expand the multilateral program.

Notable Quotes

“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,” – Leo Berezan, President & CEO, Wescan Energy Corp.
“This well strengthens our growth trajectory and provides further confidence in our Provost development strategy.”