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Guide Exploration to Buy Natural Gas Properties for C$61.5 Million
Jan. 04, 2012 03:23PM PST
Oil and Gas InvestingReuters reported that Guide Exploration Ltd. (TSE:GO) has agreed to buy certain natural gas properties in northwestern Alberta for C$61.5 million.
Reuters reported that Guide Exploration Ltd. (TSE:GO) has agreed to buy certain natural gas properties in northwestern Alberta for C$61.5 million.
As quoted in the market news:
The acquisition will be funded through a bought deal equity financing of C$36.6 million and Guide’s existing credit facilities.