Grid Petroleum Corp. has completed its subject removal allowing the company to close upon the terms of the Letter of Intent to acquire a ten percent working interest, Seven point five percent net revenue interest, from a third party interest holder of the Garcia #3 well. (10.0 % WI, 7.5% NRI)

The Company previously announced the following statements, outlining principal conditions to the closing of the Acquisition of an Interest in the Garcia #3 Well,

Tags: Grid Petroleum