Wedgemount Takes Texas Operations In-House After Contract Operator Enters Receivership

• Wedgemount Resources will take direct control of its Texas operations following contract operator Koko Skadi's receivership, according to its November 4, 2026 update.
• Proceeds from product sales over the past five months remain outstanding; recovery efforts are underway with the receiver.
• Field operations continue under subsidiary Wedgemount Texas's direction during the transition, expected to take approximately one month.
• The transition covers approximately 145 wells, including 14 injection wells, in Runnels and Coleman counties.

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 November 04, 2026, and is solely responsible for the information contained therein.