Wedgemount Resources Corp. , is pleased to provide an operations update for the Company's West Central Texas oil and gas operations. Huggy Acquisition Update All natural gas transmission flow lines have been repaired and replaced where necessary in order to facilitate gas sales to third party purchasers Certain gas wells have been re-classified as [...]
Wedgemount Resources Corp. is providing an update with respect to its previously announced management cease trade order issued by the Company's principal regulator, the British Columbia Securities Commission , on November 29, 2024. The Company and its auditors continue to work diligently to file the audited annual financial statements and related [...]
Wedgemount Resources Corp. , announces that its annual financial statements for the year ended July 31, 2024, the related management discussion and analysis, certifications of the Chief Executive Officer and the Chief Financial Officer , and the annual oil and gas filings required under Part 2 of National Instrument 51-101 - Standards of Disclosure [...]
Wedgemount Resources Corp. , is pleased to announce details of its ongoing enhancement and remediation program for the Company's recently acquired producing oil and gas assets in west central Texas. The Company's Huggy Asset remediation program is designed to optimize well production through proprietary chemical treatments, well workovers and [...]
Wedgemount Resources Corp. , is pleased to provide an operations update for the Company's west central Texas oil and gas operations. Since the closing of the Company's recently announced Huggy asset acquisition and concurrent financing, Wedgemount's operations team has commenced optimization of wells and surface facilities in both the Echo and [...]
Wedgemount Resources Corp. , announces it has entered into agreements with each of Outside the Box Capital Inc. , Proactive Investors North America Inc. and Oak Hill Financial Inc, to provide services to the Company, subject to approval by the Canadian Securities Exchange. OTB's scope of work will include, but not be limited to, providing marketing [...]
Wedgemount Resources Corp. , is pleased to announce that it has closed the second tranche of its non-brokered private placement of convertible debenture units of the Company at a price of $1,000 per Debenture Unit. The convertible debenture offering was over-subscribed. Under the second tranche, a total of 745 Debenture Units were sold for gross [...]
Wedgemount Resources Corp. , is pleased to announce that it has closed the acquisition of additional oil and gas assets located in the Permian Basin of west central Texas pursuant to a Purchase and Sale Agreement with an arm's length private company located in Texas, USA. Under the PSA, Wedgemount has acquired a 100% working interest in the Huggy [...]
This news release is issued by Mark Vanry pursuant to the early warning requirements of National Instrument 62-103 The Early Warning System and Related Take-over Bid and Insider Reporting Issues and with respect to the acquisition by the Acquiror of debenture units of Wedgemount Resources Corp. . On August 21, 2024, in connection with the closing [...]
Wedgemount Resources Corp. is pleased to announce, further to the news release dated July 29, 2024, that it has closed the first tranche of its non-brokered private placement of convertible debenture units of the Company at a price of CAD$1,000 per Debenture Unit. Under the First Tranche, a total of 1,615 Debenture Units were sold for gross [...]
Wedgemount Resources Corp. , is pleased to announce that it has entered into a Purchase and Sale Agreement for the acquisition of additional oil and gas assets located in the Permian Basin of west central Texas. The PSA is with an arm's length private company located in Texas, USA. Acquisition Highlights - Huggy Operations, Eastern Shelf 20,000 [...]
Wedgemount Resources Corp. , is pleased to announce details of its upcoming summer 2024 field program focusing on the Company's recently acquired TCS assets. The TCS leases consist of eight vertical production wells and one injector. All eight wells will undergo workovers and chemical treatments similar to our Willowbend and Millican assets. To [...]
