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Northcote Energy takes low-cost stake in Alta Loma Field
Proactive Investors UK
Northcote Energy (LON:NCT) is acquiring a 37.5% interest in the Alta Loma Field in Texas from Springer Oil & Gas. The terms of the deal are US$100,000 payable on the successful drilling of well with initial production in excess of 300 barrels a day plus ...
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Northcote Energy Buys 37.5% Stake In Alta Loma Field In Texas
London South East
Northcote is buying the stake in the field, operated by Activa Resources AG, from Springer Oil & Gas LLC. The acquisition comprises a capital expenditure credit of USD50,000 and a further USD100,000 dependent on the successful drilling of a new well on ...
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Northcote Energy acquires 37.5% interest in Alta Loma
Yahoo Finance UK
Northcote paid a consideration of $50,000 and has also agreed to a pay a contingent consideration of $100,000, which will be paid on the successful drilling of a new well before 17 July 2015, provided it has initial production of more than 300 boepd.
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Northcote Energy takes stake in Texas field
Stock Market Wire
StockMarketWire.com - Northcote Energy (AIM: NCT) has agreed to acquire a 37.5% working interest in the Alta Loma Field from Springer Oil & Gas. The Alta Loma Field is a 444 gross acre (net 167 acres) property located in Galveston county, Texas, and is ...
and more »
Northcote Energy To Buy 37.5% Stake In Alta Loma Field From Springer Oil & Gas
Northcote Energy Ltd (NCT.L) said Monday that it has agreed to acquire a 37.5% working interest in the Alta Loma Field from Springer Oil & Gas LLC. The Alta Loma Field is a 444 gross acre (net 167 acres) property located in Galveston county, Texas and is ...
and more »