Cinch Closes Sale of Non-Core Assets

Cinch Energy Corp. (TSX:CNH) closes the sale of certain non-core assets in Alberta.

The press release is quoted as saying:

Natural gas volumes are converted to barrels of oil equivalent (“boe”) on the basis of six thousand cubic feet (mcf) of gas to one barrel (bbl) of oil. The term “barrels of oil equivalent” may be misleading, particularly if used in isolation.

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