Scandoil  

Heavy Earth Resources to sign LOI with New Horizon Exploration


Published Dec 30, 2013
Heavy Earth Resources, Inc.-2

Heavy Earth Resources, Inc. has entered into a non-binding letter of intent (LOI) through its wholly owned subsidiary Deep Core Barbados, with New Horizon Exploration, Inc., an oil and gas exploration and production company based in the United States with principal operations in Colombia, for the purchase of 100 percent of the equity ownership of New Horizon.

“We are very excited to have entered into this letter of intent and are anticipating closing this transaction by January 31, 2014. Together with our partners, we hope to be able to more rapidly expand the pace of the exploration of this very promising block”

Tags: Heavy Earth Resources, Inc.




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml