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CSE:WDGY OTCQB: WDGRF
Wedgemount Resources To Acquire Additional Texas Permian Basis Oil and Gas Assets.
- 2000 acres including 7 oil leases adjacent to current central Texas Permian Basin core area
- 8 producing wells and all surface facilities included in purchase price
- Upon closing existing wells will be optimized using chemical treatments and workovers
- Minimal capital requirements to significantly increase current production
- Stable low decline production base (42 API oil) with low operating costs
- Multiple uphole shallower targets on acreage for potential future growth
- Significant opportunity to add more assets in the immediate area
Read Full News Release Here (March 21, 20223)
Wedgemount Resources Signs Definitive Agreement to Acquire Oil and Gas Assets.
Read Full News Release Here (Dec 19, 2022)
Focused on maximizing shareholder value through the acquisition, optimization, and advancement of high quality natural resource projects in north america
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