Replies to post #115 on Sintana Energy Inc (SEUSF)

[farrell90]

The news is over due.

Zodiac Exploration Inc. (TSX: V.ZEX, Stock Forum) was the volume leader on the TSX Venture Exchange. It lost 9.1% and was trading at $0.05 on volume of 2.3 million.

On November 7, the oil and gas junior announced that it had entered into a definitive agreement with Muskwa Resources Ltd. whereby Zodiac has agreed, subject to certain conditions, to acquire all of the issued and outstanding common shares of Muskwa. Muskwa is a private oil and gas company incorporated in 2008 with approximately 54,240 acres of land in central Alberta, primarily in the Duvernay and Nordegg formations, and pending asset acquisitions in Montana. The acquisition is expected to be completed by way of an amalgamation and closing is expected to occur on or prior to Nov. 30, 2013.
Read more at http://www.stockhouse.com/news/natural-resources/2013/11/28/zodiac-exploration-(v-zex)-falls-9-1-ahead-of-acqu#Drqr5m7rwGLL81sa.99