Latest Rockbridge Res Inc (RRGYF) Headlines Roc
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RockBridge Completes Acquisition of Producing Properties in Alberta
Marketwire - Mon Jul 15, 8:02AM CDT
RockBridge Resources Inc. ("RockBridge" or the "Company") (TSX VENTURE: RBE) is pleased to announce that its wholly owned subsidiary, RockBridge Energy Alberta Ltd., has completed the purchase of certain oil and gas properties in southern Alberta from the receiver of Avatar Energy Ltd. of Calgary. The acquisition includes working interests from 25% to 95% in 6 wells producing a net of approximately 36 BOEPD, weighted 35% to crude oil and natural gas liquids and 65% to natural gas. The purchase also includes certain tax pools, one gas property with a shut-in well awaiting tie in and 8 abandoned wells in various stages of reclamation.
Rockbridge to Acquire Producing Properties in Alberta
Marketwire - Thu Jun 13, 7:01AM CDT
RockBridge Resources Inc. ("RockBridge" or the "Company") (TSX VENTURE: RBE) is pleased to announce that its wholly owned subsidiary, RockBridge Energy Alberta Ltd., has entered into a formal purchase and sale agreement with the receiver of Avatar Energy Ltd. of Calgary, to purchase certain oil and gas properties in southern Alberta. The acquisition includes working interests from 25% to 95% in 6 wells producing a net of approximately 36 BOEPD, weighted 35% to crude oil and natural gas liquids and 65% to natural gas. The purchase also includes one gas property with a shut in well awaiting tie in. As a condition to the acquisition, the receiver required that RockBridge also acquire and take responsibility for a further 8 abandoned wells and their reclamation.