In a recent InvestorNews interview, host Brandon Colwell engaged Wedgemount Resources Corp.‘s (CSE: WDGY | OTCQB: WDGRF) President, CEO, and Director Mark Vanry, in a discussion on their Central Texas oil and gas assets and the ambitious production enhancement program they have set in motion.
Mark began by highlighting Wedgemount’s remarkable achievements to date, having successfully grown production by approximately 500% on their Willowbend and Millican wells. He adds that the new production enhancement program is designed to further unlock the potential of these assets. Mark went on to discuss Wedgemount’s acquisition of the TCS project located close to their existing assets and expressed his confidence in achieving significant production increases at the TCS project as well.
The conversation then shifted to the broader macroeconomic factors influencing the oil and gas industry. With an ever-increasing global demand for oil and gas, Mark underscored the declines in global production citing the International Energy Agency’s projection of global consumption reaching 110 million barrels per day by 2030. Emphasizing the need to find enough oil, Mark explains how Wedgemount is positioned to capitalize on this demand.
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About Wedgemount Resources Corp.
Wedgemount Resources is a junior oil & gas company focused on maximizing shareholder value through the acquisition, development and exploitation of natural resource projects in the southern USA.
To learn more about Wedgemount Resources Corp., click here
Disclaimer: Wedgemount Resources Corp. is an advertorial member of InvestorNews Inc.
This interview, which was produced by InvestorNews Inc. (“InvestorNews”), does not contain, nor does it purport to contain, a summary of all material information concerning the Company, including important disclosure and risk factors associated with the Company, its business and an investment in its securities. InvestorNews offers no representations or warranties that any of the information contained in this interview is accurate or complete.
This interview and any transcriptions or reproductions thereof (collectively, this “presentation”) does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer to subscribe for or purchase any securities in the Company. The information in this presentation is provided for informational purposes only and may be subject to updating, completion or revision, and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any information herein. This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.
Any projections given are principally intended for use as objectives and are not intended, and should not be taken, as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. This presentation should not be considered as the giving of investment advice by the Company or any of its directors, officers, agents, employees or advisors. Each person to whom this presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. Prospective investors are urged to review the Company’s profile on SedarPlus.ca and to carry out independent investigations in order to determine their interest in investing in the Company.
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