Whitebark Energy Ltd

Full interview: Whitebark Energy updates on Wizard Lake activity with Rex-2 well flow rates exceeding expectations

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 Rex-2 performance had provided additional impetus for the company to drill Rex-3 as soon as possible, with the project showing potential for another 20-plus follow-up wells.

Quick facts: Whitebark Energy Ltd

Price: $0.01

Market: ASX
Market Cap: $19.63 m

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Whitebark Energy begins commercial oil production at Wizard Lake project in...

Whitebark Energy Ltd (ASX:WBE) managing director David Messina updates Proactive Investors on the company's Wizard Lake Project in Canada, where it has started first commercial oil production after constructing a pipeline and process facility.   Messina says that the first step...

on 11/6/19

2 min read