Friday, May 13, 2011 2:55:40 PM
In 2008 we have negotiated a purchase of oil & gas properties operated and controlled by DNR Oil & Gas, Inc. On April 12, 2011 we signed the purchase and sale agreement with an internal financing. The terms call for the deal to be effective April 1, 2011 and all final contingencies to be completed by June 30, 2011. We will have the details of the deal available by May 16, 2011 and will announce details by way of an 8-K at that time.
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