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Westgate Energy Inc
4300 Bankers Hall West
888 - 3rd Street SW
Phone: (403) 266-9000p:403 266-9000 CALGARY, AB  T2P 5C5  Canada Ticker: WGTWGT
Business Summary
Westgate Energy Inc. is a Canada-based junior exploration and production company. The Company is focused on the emerging Mannville Stack fairway located in East-Central Alberta and West Central Saskatchewan. This fairway is characterized by known accumulations of medium and heavy oil and are being unlocked via the application of modern drilling techniques utilizing multi-lateral horizontal drilling. The Company has a 100% working interest in six sections (1,536 hectares) of mineral rights in the Cold Lake Oil Sands Area of Alberta (the New Core Area). Its new core area has approximately 40 unbooked multilateral drilling locations identified within the Mannville Stack group of formations. In addition, it is focused on the production of its summer program consisting of two horizontal, multilateral oil wells drilled at the Company's core Killam property in Eastern Alberta (the Summer Program Wells).

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/20243/31/2024Yes----

Industries
SIC Code Description
1381 Drilling oil and gas wells

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board Richard K.Skauge 74 12/20/2017 1/1/1993
President, Chief Executive Officer SonnyMottahed 12/20/2017 12/20/2017
Chief Financial Officer Colin G.Wagner 8/1/2019 8/1/2019
7 additional Officers and Directors records available in full report.

Business Names
Business Name
Industrial Avenue Development Corp.
Target Capital Inc.
Target Capital, Inc.
TCI
TCI.H
WGT

General Information
Outstanding Shares: 50,328,051 (As of 6/30/2024)
Stock Exchange: CVE
Fax Number: (403) 351-1779


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Wednesday, November 20, 2024