Peregrine Energy Ltd.
Description
Peregrine Energy Ltd. has retained PLS Inc. to sell assets on Prince Edward Island. The package includes a 30% nonoperated working interest in six wells (two oil wells) on the Veteran property in the Ellerslie formation. Net production is 6 barrels of oil equivalent per day. Net proved and probable reserves are 5,000 barrels equivalent. For more information, contact Ronyld Wise, 713-650-1212