Solara Exploration Acquires 60 Percent Interest in Marwayne Dewberry Property

- August 3rd, 2012

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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