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Unitech Increases Eagle Ford Acreage to 21,672 Gross Acres
Jun. 22, 2011 02:37PM PST
Resource Investing News Unitech Energy Resources Inc. (CVE:URX) increases the company’s rights to oil and gas acreage in the Eagle Ford play in South Texas to 21,672 gross acres.
Unitech Energy Resources Inc. (TSXV:URX) increases the company’s rights to oil and gas acreage in the Eagle Ford play in South Texas to 21,672 gross acres.
The press release is quoted as saying:
On June 21, 2011, Unitech elected to pay option consideration to oil and gas mineral owners to acquire an 18 month option on 16,096 gross acres (7,989 net acres) and acquire a 77.5% working interest in the rights under an option with the oil and gas mineral owners.
Click here to access the entire press release
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