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RSS FeedsPetroShale Announces Closing of Strategic Acquisition
(WorldNews Canada)

 
 

18 august 2018 00:35:13

 
PetroShale Announces Closing of Strategic Acquisition
(WorldNews Canada)
 


PETROSHALE ANNOUNCES CLOSING OF STRATEGIC ACQUISITION NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW. CALGARY, ALBERTA, August 17, 2018 - PetroShale Inc. ("PetroShale" or the "Company") (TSXV: PSH, OTCQX: PSHIF) is pleased to confirm the closing of our previously announced acquisition of high quality, light oil-weighted assets situated in our South Berthold core focus area in the North Dakota Bakken (the "Acquisition"). Total cash consideration for the Acquisition was US$52.6 million, after closing adjustments....


 
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