Palo Petroleum Inc.

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Description

NEW, Palo Petroleum Inc. has retained Tristone Capital to sell its Northeast Spotted Horse coalbed-methane properties in the Powder River Basin, Wyoming. The properties produce 2.7 million cubic feet of gas per day from three primary coals. Average working interest is 98% on more than 6,000 gross acres with 69 operated and two nonoperated wells. For more information, contact Miles Redfield, 713-651-4220.