Vancouver, BC – January 24, 2023 – Wedgemount Resources Corp. (CSE: WDGY)(OTCQB: WDGRF) (“Wedgemount” or the “Company”), is pleased to announce that Ms. Heidi Flaig has been retained as Senior Operations Manager for the Company’s Permian Basin oil and gas assets located in west central Texas. Ms. Flaig and her firm, Petrosaurus Inc., will function as a turnkey technical and business service provider to the Company’s US Subsidiary, Wedgemount Texas Corp. (“WTC”).
Mark Vanry, President and CEO of Wedgemount, comments, “We are thrilled to welcome Heidi to the WTC team. Heidi and her colleagues at Petrosaurus Inc. bring over forty years’ experience providing turnkey operational and business solutions to oil and gas companies in the central Texas region. Heidi’s ability to source underproducing asset opportunities, implement development plans, enhance production, and maximize operational efficiencies will prove invaluable to WTC as it executes its oil and gas strategy. Importantly, Ms. Flaig’s firm owns the equipment necessary to construct and maintain our sites which provides WTC with the most competitive costs and rapid response times while avoiding the confusion and delays that so often occur when third party vendors are involved.”
Ms. Flaig is currently President of Petrosaurus, Petrosaurus Solutions, and CEO of IAO Energy. She brings 20+ years of experience working with US based E&P companies with a particular focus on helping companies overcome operational and technical issues through the optimization of systems. Innovative chemical solutions developed by Ms. Flaig that are customizable for Texas oil and gas challenges, provide a key component of Petrosaurus’ value add. Heidi also brings seven years management experience building oil and gas companies through coordinated management of strategic business projects to build credibility with stakeholders at multiple levels.
About Wedgemount Resources Corp.
Wedgemount Resources is a junior natural resources company focused on maximizing shareholder value through the acquisition, discovery and advancement of natural resource projects in North America.
On behalf of the Board of Directors,
WEDGEMOUNT RESOURCES CORP.
Mark Vanry, President and CEO
For more information, please contact the Company at:
Telephone: (604) 343-4743
This news release may contain statements which constitute “forward-looking information”, including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Forward looking statements made in this news release include the Company’s plans for exploration of the property and anticipated exploration results. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Company’s future business activities may differ materially from those in the forward-looking statements as a result of various factors, including, but not limited to, availability of funds, personnel and other resources necessary to conduct exploration programs, successes of the Company’s exploration programs, availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.
Neither the Canadian Securities Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.