Whitebark Energy Ltd (ASX:WBE) is a Perth-based company with production and exploration assets in Canada and Australia.
In Canada, Whitebark holds between 20% and 30% working interest in the Point Loma Joint Venture, a well-established producer with oil and gas processing facilities and pipelines to market.
In Australia, the company holds a 100% interest in the undeveloped Warro Gas Project, which is about 200 kilometres north of Perth.
The company intends to retain the Wizard Lake asset and implement defined performance improvement measures where possible.