Redhill Resources acquires petroleum and natural gas leases (Scandinavian Oil-Gas Magazine)

Redhill Resources acquires petroleum and natural gas leases

Published Sep 19, 2014

Redhill Resources Corp. has acquired a 100% interest in a total of 8 sections of crown petroleum and natural gas leases (the "Leases") in the Government of Alberta's September 17, 2014 public offering of Crown land rights.

Total bonus paid for the accepted offers was approximately $1 million and is exclusive of rental payments and fees. The Leases total 2,048 hectares and are located in northwest Alberta.

Tags: Redhill Resources Corp.

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