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.
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Whitebark Energy Limited (ASX: WBE) managing director David Messina updates Proactive on the completion of a $3.8 million capital raising to fast-track the Wizard Lake project development in Canada. The new funds will mainly be used to accelerate the upgrade of infrastructure to handle the...
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