07:42 AM EDT, 08/30/2024 (MT Newswires) -- Westgate Energy (WGT.V) reported on Friday an increase in operating income and revenue in the second quarter from the first quarter.
The company booked an operating income of $388,761, rising from $276,596 quarter-over-quarter.
Total revenue climbed to $794,946 from $731,152 while production improved to 193 barrels of oil equivalent per day (boe/d) from 178 boe/d.
Westgate is focused on advancing the emerging Mannville Stack fairway located in East-Central Alberta and West Central Saskatchewan.