Thursday, February 9, 2012

Sonde Resources sells Duvernay Shale acreage

Sonde Resources Corp has sold 26,240 gross undeveloped acres (24,383 net acres) in its Kaybob Duvernay play in Alberta for aggregate proceeds of C$75 million (US$75.29 million). Sonde continues to own approximately 39,000 net undeveloped acres in Duvernay and Montney oil plays, in the Ante Creek and Bezanson area. Continue reading on the deal valuation here..

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