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Wedgemount Resources ( (TSE:WDGY) ) has shared an update.
Wedgemount Resources Corp. has resumed oil production after temporarily shutting down due to extreme cold weather, aiming to protect its wells and facilities. With favorable weather conditions, the company is now focusing on production growth and optimization, planning chemical treatments and well workovers to improve efficiency. Additionally, Wedgemount has addressed its financial reporting obligations, leading to the revocation of a Management Cease Trade Order by the British Columbia Securities Commission.
More about Wedgemount Resources
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.
YTD Price Performance: -25.00%
Average Trading Volume: 47,897
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$3.92M
For a thorough assessment of WDGY stock, go to TipRanks’ Stock Analysis page.