WesCan Energy Announces Production of New Well at Provost
WesCan Energy Announces Production of New Well at Provost
The well has been cleaning-up as expected, with the recovery of drilling fluids that were used during the drilling phase prior to receiving any productive hydrocarbons from the well. This process continues to-date, however, the well is now producing higher volumes of oil with noticeably lower traces of drilling fluids with minimal water cuts. The well continues to be monitored as the well has been subject to a few operational issues at the battery as the treater was experiencing high volumes of oil during its initial stages of production. Such issues have now been resolved and the stroke rate of the pumpjack was reduced to provide a more stabilized flow rate. As the well continues to gradually increase its flow of oil production, the well is being monitored daily as the Company expects to increase the stroke rate to establish the overall potential and capability of the well. The Company is also conducting periodic fluid level shots to further optimize the performance of the well and to evaluate the Company's type well curve expectations. Calgary, Alberta--(Newsfile Corp. - November 22, 2022) - WesCan Energy Corp. (TSXV: WCE) ("WesCan" or the "Company") is pleased to announce that it has completed the equipping and tie-in of its recently drilled well, (the "well") at Provost, Alberta.
阿尔伯塔省卡尔加里-(Newsfile Corp.-2022年11月22日)-WesCan Energy Corp.(多伦多证券交易所股票代码：WCE)(“WesCan“或”公司)很高兴地宣布，它已经完成了最近在艾伯塔省普罗沃斯特钻探的油井(“油井”)的装备和安装工作。
On September 15, 2022, the Company announced that drilling had commenced and the new well spudded on September 13, 2022. The vertical section was completed to a depth of approximately 490 meters and the build section of the well was drilled, cased and completed.
2022年9月15日，该公司宣布钻探工作已经开始，新油井于2022年9月13日开钻。垂直段已完成，深度约为490米，井的建造段已钻井、下套管并完成。
On October 5, 2022, the Company announced that it was proceeding with the completion and tie-in of the well through its wholly owned infrastructure and production facility. The well was subsequently placed on production on October 28, 2022 upon the Company's completion of its extensive field turn-around program pursuant to the regulatory maintenance requirements of the Alberta Boilers Safety Association, ("ABSA"). The turn-around was conducted over a period of 10 days while the well was being completed for production. During this time, the Company experienced certain operational delays as a result of various service providers, equipment and materials not being readily available. An alternative source of power was also achieved at a considerably reduced cost to sustain power to the new well.
2022年10月5日，公司宣布正在通过其全资拥有的基础设施和生产设施完成和连接油井。根据艾伯塔省锅炉安全协会(“ABSA”)的法规维护要求，该油井随后于2022年10月28日投产，当时公司完成了其广泛的现场周转计划。在油井完工投产期间，进行了为期10天的扭亏为盈。在此期间，由于各种服务提供商、设备和材料无法随时获得，公司经历了一些运营延误。还实现了一种替代能源，成本大大降低，以维持新油井的电力供应。
The well has been cleaning-up as expected, with the recovery of drilling fluids that were used during the drilling phase prior to receiving any productive hydrocarbons from the well. This process continues to-date, however, the well is now producing higher volumes of oil with noticeably lower traces of drilling fluids with minimal water cuts. The well continues to be monitored as the well has been subject to a few operational issues at the battery as the treater was experiencing high volumes of oil during its initial stages of production. Such issues have now been resolved and the stroke rate of the pumpjack was reduced to provide a more stabilized flow rate. As the well continues to gradually increase its flow of oil production, the well is being monitored daily as the Company expects to increase the stroke rate to establish the overall potential and capability of the well. The Company is also conducting periodic fluid level shots to further optimize the performance of the well and to evaluate the Company's type well curve expectations.
正如预期的那样，该油井进行了清理，回收了钻井阶段使用的钻井液，这些钻井液是在从油井接收任何生产性碳氢化合物之前使用的。然而，到目前为止，这一过程仍在继续，该油井现在产出的石油数量更多，钻井液的痕迹明显减少，含水率最低。油井继续受到监测，因为油井在电池上出现了一些操作问题，因为处理者在生产的最初阶段经历了大量的石油。这些问题现在已经得到解决，泵千斤顶的冲程速度被降低，以提供更稳定的流量。随着该油井继续逐步增加其石油产量，该油井正受到每日监测，因为该公司预计将提高冲刷率，以确定该油井的总体潜力和能力。该公司还定期进行液位测试，以进一步优化油井的性能，并评估该公司的类型油井曲线预期。
Further updates will be announced as the data from the well becomes available over the next 30 days which will provide a more defined and consecutive flow rate of oil production. All updates and press releases are available on the Company's website at .
在接下来的30天内，随着来自油井的数据变得可用，将宣布进一步的更新，这将提供更明确和连续的石油产量。所有最新消息和新闻稿均可在公司网站上查阅，网址为.
FOR FURTHER INFORMATION, PLEASE CONTACT:
欲了解更多信息，请联系：
Greg T. Busby, President & CEO
WESCAN ENERGY CORP.
Tel: (403) 265-9464
格雷格·T·巴斯比，总裁&首席执行官
威斯坎能源公司。
电话：(403)265-9464
John H. Cassels, CFO
WESCAN ENERGY CORP.
Tel: (403) 265-9464
约翰·H·卡塞尔，首席财务官
威斯坎能源公司。
电话：(403)265-9464
TSX Venture: WCE
多伦多证券交易所风险投资：WCE
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
本新闻稿不构成在美国出售或邀请购买任何证券的要约。这些证券没有，也不会根据修订后的《1933年美国证券法》(该法案)注册。《美国证券法》“)或任何州证券法，不得在美国境内或向美国人提供或出售，除非根据美国证券法和适用的州证券法注册或获得此类注册豁免。
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多伦多证券交易所创业板交易所及其监管服务提供商(该术语在多伦多证券交易所创业板交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任。
Disclaimer for Forward-Looking Information
对前瞻性信息的免责声明
Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" occur. Forward-looking information in this press release includes, but is not limited to, statements regarding expectations of management regarding the drilling of the well and the timing of obtaining results therefrom. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements including, without limitation, the risks that the drilling program discussed herein may not have the anticipated results. The Company assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as otherwise required by law.
除了对历史事实的陈述外，本新闻稿还包含适用证券法意义上的某些“前瞻性信息”。前瞻性信息的特点常常是“计划”、“预期”、“项目”、“打算”、“相信”、“预期”、“估计”和其他类似的词语，或某些事件或条件“可能”发生的陈述。本新闻稿中的前瞻性信息包括但不限于有关管理层对油井钻探的期望以及从中获得结果的时间的陈述。尽管公司认为前瞻性信息中反映的预期是合理的，但不能保证这些预期将被证明是正确的。因此，读者不应过分依赖本新闻稿中包含的前瞻性陈述和信息。此类前瞻性陈述会受到风险和不确定因素的影响，这些风险和不确定性可能会导致实际结果、表现或发展与陈述中包含的内容大不相同，包括但不限于本文讨论的钻探计划可能无法取得预期结果的风险。除非法律另有要求，否则公司不承担更新有关信念、意见、预测或其他因素的前瞻性陈述的义务。
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