Mr. Mark Vanry reports

WEDGEMOUNT ANNOUNCES STRONG EARLY PRODUCTION RE-START RESULTS FROM DAVIS LEASE WELLS

Wedgemount Resources Corp. has provided an operational update on its Davis lease oil production and field activities across its Permian basin leases.

Operational highlights

The company reports that its two Davis lease wells have averaged a combined 40.7 barrels of oil per day over the past eight days since restart. Management views this production rate as a positive indicator that both wells will resume their consistent performance as they have done since acquired in the spring of 2023 and up to their recent shut-in due to water disposal issues.

Across the balance of the company's leases, there are currently a total of 17 wells on production with an additional seven wells due to come on before the end of the current week.

"We are very encouraged by the early production restart results from the Davis lease," said chief executive officer Mark Vanry. "Averaging over 40 bopd from two wells over the past eight days is a strong start, and we look forward to reporting further updates as we bring the remaining seven wells on stream this week. We remain focused on executing our operational plan and maximizing value for our shareholders."

Outlook

The company will continue to provide operational updates as additional wells are brought back into production and as production data are compiled. Wedgemount Resources is committed to transparent disclosure and keeping shareholders informed of material developments at the Davis lease and across its asset portfolio.

About Wedgemount Resources Corp.

Wedgemount Resources is a junior natural resource company focused on maximizing shareholder value through the acquisition, development and exploitation of energy projects in the southern United States.

We seek Safe Harbor.