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Provider : Reuters Investment Profile

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CGrowth Capital Inc Executes Definitive Agreement On Wyoming Oil Leases

Tuesday, 17 Sep 2013 07:00am EDT 

CGrowth Capital, Inc announced that it has completed the Purchase and Sale Agreement (PSA) for the purchase of an initial 2,064 acres of Wyoming oil leases with 65 offset drilling locations from West Salt Creek, Inc. ("WSC"). The leases, located in the Powder River Basin, include active wells with current production along with the associated fixtures, pumps, vehicles, and tanks for the current field operation. The Company is working to close the transaction through escrow as soon as possible. 

Company Quote

1 Sep 2015