Westmount Energy (GB:WTE) has released an update.
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Westmount Energy Limited has revealed its final results for the year ending June 30, 2024, highlighting several strategic maneuvers in the oil and gas sector. Key developments include a 1-year extension for the Canje Block in Guyana, a farm-down process for the Kaieteur and Orinduik Blocks, and significant progress in the Orange Basin’s Venus light oil discovery. The company’s financial status remains robust with cash reserves and marketable securities reported at the year-end, positioning Westmount for continued exploration and investment opportunities.
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