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Westgate Energy Expands Mannville Stack Holdings with Strategic Acquisition

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Westgate Energy Expands Mannville Stack Holdings with Strategic Acquisition

Target Capital ( (TSE:WGT) ) just unveiled an update.

Westgate Energy Inc., a company listed on the TSX Venture Exchange, has announced a strategic acquisition of Mannville Stack focused assets in East-Central Alberta. This acquisition involves 14.5 sections of mineral rights and is expected to significantly enhance Westgate’s land holdings and production capabilities, increasing its Mannville Stack land holdings by 240% and boosting its corporate production by 21%. The acquisition aligns with Westgate’s strategy of expanding its presence in the Mannville Stack fairway and is expected to close in June 2025, pending customary conditions and approvals.

More about Target Capital

YTD Price Performance: -31.11%

Average Trading Volume: 73,162

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$6.37M

Learn more about WGT stock on TipRanks’ Stock Analysis page.

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