Latest American Mineral Group Inc. (SUGO) Headline
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Sungro acquires oil and gas interest in Louisiana
M2 - Thu Feb 28, 11:09AM CST
Exploration stage mining company Sungro Minerals Inc (OTC Markets:SUGO) revealed today that it has acquired a 28% interest in the Grande Chenier Field in Cameron Parish, Louisiana.
Sungro announces Acquisition of Oil & Gas Interest
PR Newswire - Thu Feb 28, 7:47AM CST
Sungro Minerals, Inc. (OTCQB: SUGO) a Diversified Exploration Stage Mining Company, announced today that it has acquired a twenty eight percent (28%) interest in the Grande Chenier Field in Cameron Parish, LA from Sigma Gamma Interests, LLC. The interest was acquired for $2.0 million. The property, which was evaluated by Netherland, Sewell & Associates, Inc. a worldwide petroleum consultant, has an estimated net present value in excess of $100 million dollars with proven reserves in excess of $8.0 million.