Scandoil  

Victory Energy announces that the noteholders of Target Energy have voted to approve Fairway transaction


Published May 30, 2014
Victory Energy Corporation

Victory Energy Corporation, announced that Target Energy Limited's (Target) convertible noteholders have approved the sale of 10% stake in the Fairway Project to Victory Energy Corp. Approval by Target's noteholders was one of the conditions required to complete Victory Energy's acquisition of the Fairway Project.

Victory announced on May 8, 2014 that Target agreed to sell a 10% non-operated working interest in certain oil and gas properties located in the Permian Basin, known as the "Fairway Project" in West Texas for a total cash consideration of approximately $6.0 million.

Tags: Victory Energy Corporation




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