Workflow
Net Revenue Interest
icon
搜索文档
Wedgemount Resources Assigns Net Revenue Interest on Permian Basin Assets
Thenewswire· 2026-04-10 20:00
Vancouver, BC – TheNewswire - April 10, 2026, – Wedgemount Resources Corp. (CSE: WDGY)(OTCQB: WDGRF) ("Wedgemount" or the "Company"), today announces an agreement to assign a Net Revenue Interest ("NRI") in the Company's west central Texas oil and gas assets to two arm's length third parties (the "Assignees") for proceeds of $USD 235,000. Under the terms of the NRI, Wedgemount will pay the Assignees 10% of the Company's net revenues realized by Wedgemount Texas Corp. (the "Subsidiary") until 100% return of ...