VANCOUVER, British Columbia -- Wedgewood Resources Ltd. said it has received approval from Bank One Houston for a $10 million loan.

The funds will be used for the acquisition of two oil fields, known as KCJV I and Milo Day, for the development of the Three Sands Field properties and for future acquisitions.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.