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Pennine Acquires Petroleum, Natural-Gas Rights For Three Sections Near Red Deer, Alta

2015-06-17 06:33:04| oilandgasonline Home Page

Pennine Petroleum Corporation is pleased to announce that it has signed a General Conveyance Agreement, effective June 1, 2015, for the acquisition and operation of a 50-per-cent interest in three sections (1,920 acres, or 777 hectares) of petroleum and natural-gas rights (the “Transaction”), in the Red Deer area of central Alberta from a privately held company.

Tags: rights red sections alta

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