Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Point Loma closes acquisition of oil, gas assets in Alberta

Wednesday, March 1, 2017 12:48
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Point Loma Resources Ltd (CVE: PLX) said on Wednesday it has closed the agreement to acquire oil and gas assets, effective on Jan. 1, from a private oil and gas company with the issuance of 3.35 million shares of Point Loma.

Read: Point Loma Resources acquires oil and gas producing operations in Alberta

“This acquisition will continue Point Loma’s growth in size and strength as a junior oil and gas company. We continue to seek quality assets that will extend our core focus area at favourable acquisition metrics,” said Terry Meek, president and chief executive officer of Point Loma.

“The expansion of our focus area will continue to build shareholder value as Point Loma develops the Mannville trend in west-central Alberta.”

Story by ProactiveInvestors



Source: http://www.proactiveinvestors.com/companies/news/174060/point-loma-closes-acquisition-of-oil-gas-assets-in-alberta-174060.html

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories
 

Featured

 

Top Global

 

Top Alternative

 

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.