Whitebark Energy Limited (WBE) is an ASX-listed exploration and production company known for its cost-effective oil and gas production in Canada, managed through its wholly owned subsidiary, Rex Energy (Rex). Additionally, WBE holds a significant contingent gas resource in Western Australia. Recently, the company has adjusted its corporate strategy following the acquisition of a 100% interest in the Wizard Lake producing asset. This asset is located in Alberta, Canada, a region renowned for its rich oil and gas reserves. The acquisition underscores WBE's commitment to enhancing its production capabilities and solidifying its presence in prominent energy markets.