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Solara Exploration Acquires 60 Percent Interest in Marwayne Dewberry Property
Aug. 03, 2012 01:01AM PST
Resource Investing News
Solara Exploration Ltd. (TSXV:SAA.A) announced that it acquired a 60 percent working interest in its heavy oil Marwayne Dewberry property.
Solara Exploration Ltd. (TSXV:SAA.A) announced that it acquired a 60 percent working interest in its heavy oil Marwayne Dewberry property.
As quoted in the press release:
The interest acquired by Solara was held by the Marwayne Production Limited Partnership (the “Partnership”) and included a 60% working interest in existing leases, petroleum and natural gas rights, tangibles and wells in Section 16-53-4 W4M.
Click here to read the Arabian American Development Co. (NYSE:ARSD) press release.
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