Wescan Energy begins drilling at Provost well

Executive Summary

• Wescan Energy Corp. has commenced drilling operations on a multilateral horizontal oil well in the Provost area of east-central Alberta, spudded on July 30, 2025.
• The well is part of the company's 2025 capital program, targeting low-risk oil development in the Mannville group with a focus on maximizing capital efficiency and production growth.
• First production is anticipated in September 2025, with results to be disclosed once the well is brought on stream and stabilized.

Key Details

• Well Location: Provost area, east-central Alberta.
• Well Type: Multilateral horizontal oil well.
• Spud Date: July 30, 2025.
• Strategic Context: Part of Wescan's 2025 capital program targeting low-risk oil development opportunities in the Mannville group.
• Technical Design: The well features multiple horizontal legs designed to efficiently access the pay zone, improve recovery factors, minimize surface footprint, and reduce drilling costs.
• Timeline: Drilling and completion expected over the coming weeks; first production anticipated in September 2025.
• Disclosure Plan: Results will be disclosed after the well has been brought on stream and stabilized.

Notable Quotes

• "This is a key milestone in our development strategy and reflects our continued focus on maximizing capital efficiency and production growth," said Leo Berezan, chief executive officer of Wescan. "The Provost area remains a cornerstone of our asset base, and this well represents our ongoing commitment to unlocking its full potential."