Vancouver, British Columbia--(Newsfile Corp. - December 18, 2024) - Wedgemount Resources Corp. (CSE: WDGY) (OTCQB: WDGRF) ("Wedgemount" or the "Company"), 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 oil wells with the RRC as successful chemical treatments caried out by the Company proved oil production
Needed compliance work has been completed with the RRC including testing
Well, formation and surface facility chemical treatments have commenced and will continue throughout 2025
Management anticipates continued production improvements and reserve recovery
Pre-Huggy Assets
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