Nextraction Energy and Primary Petroleum Form Oil Joint Venture in Montana

- December 17th, 2010

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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