2009-09-24-2009-09-15
Transaction Type
Sellers
Buyers
Announce Date
Post Date
Estimated Price
3MM
Description
To buy Girouxville project in AB, gaining 225 BO/d.
Mass Petroleum Inc., Las Vegas, (OTCBB: MASP) plans to acquire the Girouxville project in Northern Alberta from Calgary-based Guardian Exploration Inc. for C$3.35 million in cash and stock. The project consists of a high working interest light oil operation producing approximately 215 to 225 barrels per day from three wells. Guardian entered into the Girouxville area by farming in on lands held by Breaker Energy Inc. and drilling three wells to earn its current interests.