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Hamilcar54

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Hamilcar54

Re: Citrati post# 3968

Saturday, 11/19/2016 7:10:40 AM

Saturday, November 19, 2016 7:10:40 AM

Post# of 4227
Citrati,

Perseville sold it's work interest to TGC in exchange for shares of the company. This is (I assume) a consolidation to get a new 3rd party on board which will share in the cost/risk for future drilling. Afterwards TGC did a reverse split of it's shares.

See the previous PR's for the history of the Perseville transaction.
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