Whitebark Energy Limited announced that its Wizard Lake Oilfield continued oil production through an extreme cold period event when temperatures fell to minus 42o Celsius (-55oC with wind chill). The average temperature range during this time of the year is usually between minus 10 to minus 20o Celsius. Mild conditions are forecast for the next seven days with above average temperatures. This will enable normal field operations to recommence. The production from the field will continue in a manner that will facilitate the well clean-up process and optimise production rates and uptime for the long term. As with other nearby fields producing from similar reservoirs, the present three wells of the Wizard Lake Oilfield are expected to require up to 90 days to attain their maximum flow rates.