Wedgemount Resources reports 62% jump in oil and gas output to 203 boepd
- Wedgemount Resources reported a 62% rise in oil and gas output to an average 203 BOEPD over the past seven days.
- Production mix ran about 60% light oil, 40% natural gas and condensate; gains came despite record rainfall and flash floods.
- D-29 well averaged 34 BOEPD over nine days, including 27 bbls/day of light oil; it had been shut in for six years.
- No workover or large chemical stimulation completed on D-29; management expects output to hold or improve with optimization.
- Company cited more than 500 potential drilling locations across its 22,000 acres based on 40-acre well spacing.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wedgemount Resources Corp. published the original content used to generate this news brief on June 23, 2026, and is solely responsible for the information contained therein.
