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RockBridge Enters Into Joint Venture With Crimson Energy Ltd.
Dec. 28, 2011 02:19PM PST
Resource Investing News RockBridge Resources Inc. (TSXV:RBE) reported a joint venture through farm-out or purchase up to five Alberta oil and gas projects with Crimson Energy Ltd. of Calgary.
RockBridge Resources Inc. (TSXV:RBE) reported a joint venture through farm-out or purchase up to five Alberta oil and gas projects with Crimson Energy Ltd. of Calgary.
As quoted in the press release:
The joint venture projects include Crimson’s 100% working interest in a Violet Grove area gas property, in which RockBridge, to earn 50%, is to pay 100% of the costs, estimated at $300,000, to frac, test and equip the existing well and tie it in to the gas gathering system servicing sweet gas production in the area.
Click here to read the RockBridge Resources Inc. (TSXV:RBE) press release.
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