Wedgemount Resources Corp (CSE:WDGY, OTCQB:WDGRF) CEO Mark Vanry joined Proactive to discuss significant achievements from the company in 2024 and its outlook for the New Year.
He highlighted the Huggy acquisition, which has quadrupled Wedgemount’s operational scale.
Proactive: The company recently issued a news release highlighting 2024 milestones and looking ahead to 2025. Let’s start with west-central Texas and your oil and gas assets there. What’s happening in that region?
Mark Vanry: In August, we made our largest acquisition to date: the Huggy acquisition. It quadrupled the size of our company. Since closing that deal, our focus has been on optimizing those assets, completing compliance work, and preparing to sell oil from the new leases.
The press release highlighted the progress we’ve made at Huggy. We’ve completed compliance tasks, such as servicing facilities, flow lines, cleaning up old wells, and turning on compressors. While it’s not glamorous work, it’s critical. Last week, we received approval from …