True North Energy Corp. (TNEN)

[Greedy G]

Will get some news here soon, IMO now that this Q dropped & the audited fins too. From Q:

'Oklahoma Properties
On September 1, 2014, the Company, through its TN Energy, Inc. subsidiary, purchased a .051416% royalty interest in the producing wellbore of the K Farm 9-18N-1W #1WH located in Section 9-T18N-R1W, Payne County, Oklahoma. Operated by Devon Energy Corporation of Oklahoma City, Oklahoma.'

'On June 4, 2014, the Company acquired all of the outstanding shares of a recently formed and inactive corporation, Marco Capital Limited, which was organized pursuant to the Hong Kong Companies Ordinance. Headquartered in Hong Kong, Marco Capital Limited plans to explore emerging markets with opportunities in various industries, including China.'

'On July 30, 2014, the Company formed a wholly owned subsidiary, TN Energy, Inc., under the laws of the state of Texas for the purpose of acquiring, owning and/or operating oil and gas properties. On July 30, 2014, the Company’s overriding royalty interests in its Alaska and Colorado properties were assigned to this subsidiary.'