Calgary, Alberta – TheNewswire - September 10th, 2026 – Wescan Energy Corp. (TSXV: WCE) ("Wescan" or the "Company") announces that it spudded its Wescan 105 Provost 15-21-38-3 multilateral horizontal well on September 10th 2026, and drilling operations are underway. The well, the Company's third multilateral in the Provost area of east-central Alberta, targets the Rex Member of the Mannville Group and is fully funded by the $1.3 million convertible debenture financing announced on September 9th 2026, together with cash on hand. Drilling is expected to take approximately 15 days, and the Company will provide a further update once the well has reached total depth.

"Every part of this well, from the target selection and the directional plan to the rig, the crews and the schedule, was put in place well before the licence was issued, which is why we were able to spud within days of receiving it," said Sarshar Ahmad, Chief Operating Officer of Wescan. "The crew is drilling ahead on plan, and we intend to bring this well on production on time and on budget."

About Wescan Energy Corp.

Wescan Energy Corp. is a junior oil and gas exploration and production company headquartered in Calgary, Alberta, with operations focused in the Provost area of east-central Alberta. The Company's Common Shares trade on the TSX Venture Exchange under the symbol "WCE". Further information is available at [www.wescanenergy.com] and under the Company's profile on SEDAR+ at www.sedarplus.ca.

TSX Venture Exchange

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information

WesCan Energy Corp.  |  1900, 350 – 7th Ave SW, Calgary, Alberta. T2P 3N9

Leo Berezan, Chief Executive Officer and Chairman

Telephone: +1-604-240-3064   |   Email: leo@berezan.ca

Sarshar Ahmad, Chief Operating Officer and Director

Telephone: +1-403-816-4037   |   Email: sahmed@wescanenergycorp.com

Company filings are available on SEDAR+ at www.sedarplus.ca.

 

"Forward-Looking Information

This press release contains forward-looking information and statements (“forward-looking statements”) within the meaning of applicable securities laws. Forward-looking statements are based on current expectations, assumptions, estimates, and projections that involve a number of risks and uncertainties, many of which are beyond the Company’s control. Forward-looking statements in this release include, but are not limited to, statements regarding future production performance, optimization plans, development opportunities, and the Company’s growth trajectory. Actual results may differ materially from those expressed or implied in the forward-looking statements due to a variety of factors, including operational risks, commodity price fluctuations, regulatory changes, and other risks described in the Company’s public disclosure documents. Readers are cautioned not to place undue reliance on forward-looking statements. WesCan Energy Corp. undertakes no obligation to update these forward-looking statements except as required by law."