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Pennine Finalizes Acquisition Of Petroleum, Natural-Gas Rights For Three Sections Near Red Deer, Alta.

2015-08-17 02:59:32| oilandgasonline News Articles

Pennine Petroleum Corporation (TSX-Venture: PNNor the “Corporation”) is pleased to announce that it has signed a General Conveyance Agreement, effective June 1, 2015, for the acquisition and operation of the remaining 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 announced on June 16, 2015.

Tags: rights red sections alta

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