Quattro Set to Acquire Alberta Gas and Oil Assets

Quattro Exploration and Production Ltd. (TSXV:QXP) announced that its acquisition of oil and gas assets located in Alberta is set to close on or before October 30, commenting that it has now completed the due diligence, negotiations and adjustments related to the deal.

As quoted in the press release:

The purchase continues to include the purchase of 100% of a conventional heavy oil field, a material interest in a gas field and various minor gas interests within a core area of East Central Alberta. Through the Acquisition, Quattro continues to focus on acquiring concentrated high quality conventional oil and gas assets with substantial land bases, infrastructure and processing facilities, with the majority of the assets being operated and/or high working interests.

Click here to read the full Quattro Exploration and Production Ltd. (TSXV:QXP) press release.