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Nextraction Energy and Primary Petroleum Form Oil Joint Venture in Montana
Dec. 17, 2010 08:58PM PST
Resource Investing News Nextraction Energy Corporation (CVE:NE) enters into a Seismic and Farmout agreement with Primary Petroleum Company, LLC, a wholly owned subsidiary of Primary Petroleum Corporation (CVE:PIE).
Nextraction Energy Corporation (TSXV:NE) enters into a Seismic and Farmout agreement with Primary Petroleum Company, LLC, a wholly owned subsidiary of Primary Petroleum Corporation (TSXV:PIE).
The press release is quoted as saying:
The property hosts the highly prospective Mission Canyon, McGowan, Bakken and Three Fork formations. Nextraction will earn its interests in exchange for funding 3-D seismic work and the completion of wells to exploit these formations.
Click here to access the entire press release
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