11:59:19 EDT Tue 02 Jun 2026
Enter Symbol
or Name
USA
CA



Wedgemount Resources Corp
Symbol WDGY
Shares Issued 64,645,575
Close 2026-06-01 C$ 0.06
Market Cap C$ 3,878,735
Recent Sedar+ Documents

Wedgemount current production at 125 boepd

2026-06-02 10:59 ET - News Release

Mr. Mark Vanry reports

WEDGEMOUNT ANNOUNCES OPERATIONAL UPDATE

Wedgemount Resources Corp. has provided an operational update on its continuing production optimization program in west-central Texas.

Production update

Despite extremely wet weather and tough ground conditions in west-central Texas over the past couple of weeks, the company reports current production of 125 barrels of oil equivalent per day (boepd), which is ahead of internal projections for June 1. Management is encouraged by the pace of production growth and the performance of the asset base to date. As handling facilities continue to be upgraded, it is anticipated that additional operating uptime will allow for further increases in volume of both oil and natural gas.

Operational focus

Wedgemount's operational team remains focused on a targeted surface facilities improvement program designed to enhance reliability, throughput and overall efficiency. Current initiatives include:

  • Returning McBeth injector well to full capacity;
  • Tank infrastructure improvements;
  • Separator optimization, including natural gas condensates;
  • Continuing well optimization through chemical treatments;
  • Upgrades and maintenance to compressors, flow lines and water-handling facilities.

These measures are expected to further support production growth and reduce downtime as the company continues to advance its development program.

Management commentary

"We are pleased to report that production is tracking ahead of our June 1 projections," said Mark Vanry, president of Wedgemount Resources. "Our team's focus on surface facility improvements and well optimization is delivering results, and we remain committed to maximizing the performance of our asset base."

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.

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