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Enhanced Oil provides corporate update


Published Jun 4, 2009
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Enhanced Oil Resources-2

Enhanced Oil Resources provides the following update on corporate activity.

As previously reported the Company had engaged Tristone Capital to explore potential joint venture opportunities for the Company's interests in the St. Johns Helium and CO2 Field in Arizona and New Mexico. Following data collection the Tristone managed data room was opened on April 14th 2009.

In total, 10 Companies executed confidentiality agreements and participated in the data review in either the physical or virtual data room. The data room was closed on May 22nd. With the data room closed the Company awaits further developments from Tristone regarding communications with potential interested parties.

Tags: Enhanced Oil Resources



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