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Whitebark Energy Ltd

Whitebark Energy targeting commercial oil production from Wizard Lake in Q2 this year

Whitebark Energy (ASX:WBE) managing director David Messina speaks to Proactive Investors about the confirmed commercial oil discovery at the Wizard Lake project in Canada, which the oil & gas explorer & producer holds a 30% stake in under the Point Loma Joint Venture (PLJV).

Messina also speaks more broadly about global markets and the favourable operating environment the company has experienced in Canada.

He says, "We'll be getting production on board in Q2. We'll also simultaneously be panning to drill new wells. We'll be getting Wizard lake into high commercial volumes very quickly, and we certainly look forward to our shareholders having a very strong 2019 with us as we embark on developing this exciting field."

Quick facts: Whitebark Energy Ltd

Price: $0.01

Market: ASX
Market Cap: $17.67 m
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Full interview: Whitebark Energy updates on Wizard Lake activity with Rex-2...

Whitebark Energy Ltd (ASX:WBE) managing director David Messina updates Proactive on Rex-2 well at the Wizard Lake Project in Canada with results exceeding initial expectations. Rex-2 was drilled and fracced in August and tested in September 2019.  The managing director said the strong...

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