Brief: Altura Energy to acquire strategic oil assets in East Central Alberta

Tenaz Energy

26/08/2016 12:30

Aug 26 (Reuters) - Altura Energy Inc  ATU.V  
    * Altura Energy Inc announces acquisition of strategic high 
quality low decline oil assets in East Central Alberta 
    * Deal for $4.0 million 
    * Says upon closing acquisition, Corporation will have an 
LMR of 3.85 
    * Says acquisition is effective August 1, 2016 and is 
expected to close by September 21, 2016 
    * Acquired assets add 125 boe/d of low decline production 
and include facility infrastructure and a natural gas pipeline 
for future growth 
 
Source text for Eikon:  ID:nCNWwLf7Ma  
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