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Wedgemount Resources to Assume Direct Operation of Texas Assets

Wedgemount Resources says it will take over direct operation of its Texas oil and gas properties from contract operator Koko Skadi, LLC.

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SquawkNews Desk 1 updates Updated Nov 04, 2026, 12:30 PM UTC

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12:30:46 PM UTC
SquawkNews
Wedgemount will assume direct operation of approximately 145 Texas wells, including 14 injection wells, after its contract operator entered receivership. Proceeds from products sold over the last 5 months remain outstanding; the company is working to recover them.Material DetailsContext by AI Analy…

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