WESTGATE ENERGY ANNOUNCES Q1 2026 FINANCIAL RESULTS

CALGARY, AB , May 29, 2026 /CNW/ - Westgate Energy Inc. (" Westgate " or the " Company ") (TSXV: WGT ), is pleased to announce the filing of its unaudited financial and operating results for the three months ended March 31, 2026. The selected financial and operating information provided below should be read in conjunction with Westgate's unaudited consolidated financial statements and related management's discussion and analysis (" MD&A ") for the three months ended March 31, 2026 and 2025, which are available on SEDAR+ at www.sedarplus.ca and on Westgate's website at www.westgateenergy.ca . Financial & Operating Results Summary Three Months Ended March 31, ($'s, unless otherwise stated) 2026 2025 Production Oil bbl/d 553 137 Natural gas mcf/d 488 702 NGLs bbl/d 6 5 Total Boe/d 640 259 Revenue: Crude Oil 3,739,409 1,041,085 Natural Gas 75,106 109,505 NGLs 35,995 27,847 Petroleum, natural gas and NGL sales 3,850,510 1,178,437 Processing income 2,506 3,383 Total Revenue (1) 3,853,016 1,181,820 Royalties (514,131) (154,972) Operating expenses (1,563,343) (482,392) Transportation expenses (245,399) (24,631) Operating Income (1) 1,530,143 519,825 Expenditures on E&E - - Full story available on Benzinga.com