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Thursday, 09/13/2012 2:23:39 PM

Thursday, September 13, 2012 2:23:39 PM

Post# of 54709
Yaterra Ventures to acquire four wells in US

4 minutes ago - Datamonitor Financial Deals Tracker via Comtex
Yaterra Ventures Corp., a US-based exploration stage company engaged in the acquisition and exploration of mineral properties, has entered negotiations to acquire a lot of 4 wells with recoverable reserves from family-owned operators in the State of Texas, US.

The wells have a conservatively estimated 50,000+ barrels in recoverable reserves. These wells are estimated to bring in an average of 2.5 - 8 BOPD per well once re enter work is completed