2009-10-26-2009-10-01

Transaction Type
Announce Date
Post Date
Estimated Price
0MM
Description

To acquire interests in 2,800 acres in Eddy Co., NM, involving Cave Pool Unit.

Blugrass Energy Inc., Calgary, (OTCBB: BLUG) plans to acquire all of the assets of Hobbs, N.M.-based Marks and Garner Productions, aka Robin Hood LLC, in and around the Cave Pool Unit in Eddy County, New Mexico, for US$550,000 in cash. The deal involves approximately 2,800 acres with operations.