NG Energy International Corp. (GASXF)

[Pro-Life]

Petromanas Energy completes acquisition of Gallic Energy
Date : 12/31/2012 @ 5:54PM
Source : PR Newswire (Canada)
Stock : Petromanas Energy Inc. (PMI)

http://ih.advfn.com/p.php?pid=nmona&article=55649045

The acquisition provides the combined company with Petromanas' core assets in Albania, Gallic's core assets in France and additional exploration acreage in Australia. It will also provide the combined shareholders with exposure to the Shpirag-2 well which is currently being drilled in Albania and additional wells which are expected to be drilled in Albania and France during 2013. The combined entity holds in excess of 3.3 million gross acres (2.9 million net acres) of exploration lands, including 1 million acres in Australia where it has been identified as the preferred bidder.