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Calvalley Petroleum provides update on strategic alternatives review process


Published Aug 24, 2012
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Calvalley to commence pipeline construction prior to year end 2008

Calvalley Petroleum Inc. provides update on strategic alternatives review process.

As previously announced on July 11, 2012, Calvalley Petroleum Inc. initiated a process to identify, examine and consider a range of strategic alternatives available to the Corporation with a view to enhancing shareholder value.

The process of reviewing strategic alternatives is being overseen by an independent Special Committee of the Board of Directors (the "Board") comprised of four independent directors. As previously announced, the Special Committee has retained TD Securities Inc. to act as its financial advisor.

Tags: Calvalley Petroleum Inc.



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