WesCan Energy FY26 net loss narrows 43% to $452,649; revenue rises 5% to $4.23 million

• WesCan posted a net loss of $452,649 for fiscal 2026, narrowing 43%, while cash flow from operating activities climbed 81% to $1.06 million.
• Revenue rose 5% to $4.23 million; adjusted funds flow more than doubled to $1.23 million.
• Average production increased 17% to 172 boe/d; operating netback expanded 50% to $25.89/boe.
• Operating costs fell 25% to $1.98 million; net debt increased to about $3 million following capital expenditures of $1.7 million.
• Management said the Provost multilateral established a repeatable oil-weighted play; fiscal 2027 plans include one multilateral horizontal well and one well re-entry.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wescan Energy Corp. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202607211210TNWSWRCACNPR_____1LPRFMQzn) on July 21, 2026, and is solely responsible for the information contained therein.