Daulton Capital Announces Letter of Intent to Acquire Oil, Gas and Liquid Natural Gas Rights to Property in Papua New Guinea
LAS VEGAS, NEVADA--(Marketwire - 05/05/11) - Daulton Capital Corp. (OTC.BB:DUCP - News), has signed a Letter of Intent with South Pacific Connection Limited (SPC) of Papau New Guinea (PNG) to acquire a 64% working interest in the Oil, Gas and Liquid Natural Gas rights of SPC's property in PNG. Details of the property and terms of the agreement will be released in subsequent releases. Daulton expects to close on the agreement within ten (10) days.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.