WEDGEMOUNT RES CORP - WDGRF STOCK NEWS

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Wedgemount Resources Corp. (WDGRF) is a junior oil & gas company based in Vancouver, BC, focused on maximizing shareholder value through the acquisition, development, and exploitation of natural resource projects in the southern USA.

Recently, Mr. Steve Vanry, CFA, has been appointed as the Chief Financial Officer, bringing 25 years of professional experience in senior management positions across various industries. Wedgemount has also provided a production update for its west central Texas oil and gas operations, with significant growth in treated wells and anticipates further optimization for additional wells.

With a focus on production growth and reserve gains, Wedgemount is committed to expanding its operations through upcoming field programs and potential acquisitions in 2024.

03/06/2024 08:30 AM

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Wedgemount Announces Operations Update

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Wedgemount Resources Corp. provides a production update for its west central Texas oil and gas operations, showcasing significant production growth and operational improvements.

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01/16/2024 08:30 AM

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Wedgemount Announces New Chief Financial Officer

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Wedgemount Resources Corp. appoints Mr. Steve Vanry, CFA, as Chief Financial Officer, succeeding Ms. Lesia Burianyk. Mr. Vanry brings 25 years of experience in capital markets, strategic planning, and corporate finance. The Board has approved a grant of incentive stock options to acquire up to 300,000 common shares in the capital of the Company.

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01/08/2024 08:30 AM

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Wedgemount Announces Production Enhancement Program Update

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Wedgemount Resources Corp. (CSE: WDGY) (OTCQB: WDGRF) provides an update on its well stimulation and facility optimization programs for its central Texas oil and gas assets. A total of twenty operating wells have been treated, with initial well performance meeting management expectations. The Company anticipates all treated wells to be back on daily production in early February.

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12/15/2023 05:00 PM

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Wedgemount Announces Option Grant

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Wedgemount Resources Corp. (CSE: WDGY) (OTCQB: WDGRF) approves the grant of incentive stock options to acquire up to 700,000 common shares at $0.08 per Option, exercisable for a five-year term. Common Shares issued will be subject to a four-month hold period.

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11/01/2023 08:30 AM

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Wedgemount Resources Closes Permian Basin Asset Acquisition

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Wedgemount Resources Corp. has closed its TCS light oil acquisition in the Permian Basin of Texas. The company paid US$50,000 and signed a US$600,000 vendor take back loan for a 100% working interest in the Assets. Wedgemount plans to optimize the assets to increase production and recoveries.

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10/17/2023 08:30 AM

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Wedgemount Announces Largest Production Enhancement Program to Date

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Wedgemount Resources Corp. announces a large scale production enhancement program for its oil and gas assets in central Texas.

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09/27/2023 08:30 AM

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Wedgemount Announces Warrant Exercise and Increased Cash Balance

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Wedgemount Resources Corp. announced the exercise of 12,616,000 common share purchase warrants, resulting in gross proceeds of C$1,261,600. The company's cash balance increased to approximately C$1.2 million. Management plans to utilize excess working capital and cash flows to optimize current wells and purchase additional assets in central Texas.

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08/23/2023 09:26 AM

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Wedgemount Resources to Acquire Additional Central Texas Oil and Gas Assets

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Wedgemount Resources Corp. announces acquisition of oil and gas assets in the Permian Basin of Texas

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05/25/2023 03:29 PM

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Wedgemount Resources Announces Change of Auditor

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05/24/2023 08:30 AM

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Wedgemount Receives More Than $850,000 in Warrant Exercise Proceeds

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FAQ

What is the current stock price of WEDGEMOUNT RES (WDGRF)?

The current stock price of WEDGEMOUNT RES (WDGRF) is $0.11845 as of September 30, 2024.

What is the market cap of WEDGEMOUNT RES (WDGRF)?

The market cap of WEDGEMOUNT RES (WDGRF) is approximately 7.8M.

What is Wedgemount Resources Corp. focused on?

Wedgemount is a junior oil & gas company focused on maximizing shareholder value through the acquisition, development, and exploitation of natural resource projects in the southern USA.

Who has recently been appointed as Chief Financial Officer of Wedgemount Resources Corp.?

Mr. Steve Vanry, CFA, has recently been appointed as the Chief Financial Officer, bringing 25 years of professional experience in senior management positions across various industries.

What recent updates has Wedgemount Resources Corp. provided for its operations?

Wedgemount has provided a production update for its west central Texas oil and gas operations, showing significant growth in treated wells and anticipating further optimization for additional wells.

What are Wedgemount Resources Corp.'s plans for 2024?

Wedgemount is committed to expanding its operations through upcoming field programs and potential acquisitions in 2024, with a focus on production growth and reserve gains.