Online Energy Inc. Announces Second Quarter 2011 Financial Results

Online Energy Inc. (TSXV:ONL) reports the filing of its unaudited interim financial statements for the three and six months ended June 30, 2011.

The press release is quoted as saying:

Acquired 8,700 acres of undeveloped land at Crown land sales in the greater Paddle River area for $550,000 at an average cost of $63 per acre.

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