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Sunday, 06/14/2009 12:50:48 AM

Sunday, June 14, 2009 12:50:48 AM

Post# of 428
NXPN...Norex also acquires a network of 5, six-inch natural gas pipelines that connect to a major trunk line operated by Encana and that extend towards three gas wells ready for tie-in. The final permitting application process and licensing of the plant will be completed shortly, thereby allowing Norex to put the project on line and to commence production. Further details will be announced as they become available.Norex is currently finalizing the Purchase and Sale Agreements with the vendor to complete the aforementioned transaction and anticipates closing shortly with full details to be announced within 10 days.


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