Brief: Highwood Oil Company Provides Corporate Update On Strategic Peace River Oil Acquisition

Highwood Asset Management

11/07/2019 23:26

July 11 (Reuters) - Highwood Oil Company Ltd  HOCL.V :
    * HIGHWOOD OIL COMPANY LTD. PROVIDES CORPORATE UPDATE ON STRATEGIC PEACE
RIVER OIL
ACQUISITION AND ANNOUNCES INITIAL CLEARWATER DRILLING RESULTS
    * HIGHWOOD -  PARTNER IN PROP WAIVED ITS RIGHT TO EXERCISE RIGHT OF FIRST
REFUSAL,
TAG ALONG PROVISION REGARDING PREVIOUSLY ANNOUNCED DEAL ON MAY 16
    * HIGHWOOD OIL COMPANY - ANTICIPATED CLOSING OF 55% OPERATED WORKING
INTEREST IN
PROP IS EXPECTED TO BE IN MID AUG. 2019

Source text for Eikon:  ID:nCNWjyK1ka 
Further company coverage:  HOCL.V 

 ((Reuters.Briefs@thomsonreuters.com;))