Tanager Energy Inc. Announces Property Acquisition
September 23, 2013 (Source: Marketwired) — Tanager Energy Inc. (“Tanager” or the “Corporation”) (TSX VENTURE:TAN) advises that it has signed a purchase and sale agreement for a 92.75% interest in the Joffre D-3 Oil Unit No. 1. The terms of the agreement call for the re-entry and recompletion of one well. The re-entry and closing of the sale are to be completed by December 31, 2013. The Corporation has signed a second agreement for the balance of the Unit being a 7.25% interest, which agreement closed on July 5, 2013.
In addition, Tanager advises that it has concluded discussions regarding an oil and gas property in Trinidad and Tobago, and will not be proceeding with this project.
Tanager Energy Inc. is a Lethbridge, Alberta based corporation engaged in the exploration for petroleum and natural gas. The Corporation’s common shares are listed on the TSX Venture Exchange under the trading symbol “TAN”.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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