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Pétrolia Raises Its Interest to 100% on 150 km2 Area Around Haldimand
Jun. 09, 2010 11:51AM PST
Oil and Gas InvestingPétrolia (TSX VENTURE:PEA) announce that it has signed an agreement with Junex under which it will now own a 100% interest on the 150 km2 area surrounding the Haldimand discovery.
Pétrolia (TSX VENTURE:PEA) announce that it has signed an agreement with Junex under which it will now own a 100% interest on the 150 km2 area surrounding the Haldimand discovery.
The press release is quoted as saying:
This agreement gives Pétrolia full control over the projected extensions of the Haldimand structure. Seismic surveys have shown that the structure extends beyond the 9 km2 area covered by the initial agreement. The Company continues to hold a 65% interest on the 9 km2 where exploration work has indicated a significant oil discovery.
Click here to access the entire press release