This company is on the move. First a deal with a major, Pen West, and now an increase in land position...I'm starting to really like this company.
Great Pacific acquires 1,280 acres in Northern Alberta
Ticker Symbol: C:GPI
Great Pacific acquires 1,280 acres in Northern Alberta
Great Pacific International Inc(C:GPI)
Shares Issued 47,411,432
Last Close1/12/2011
.15
Thursday January 13 2011 - News Release
Mr. Thal Poonian reports
GREAT PACIFIC INTERNATIONAL INC. PURCHASES ADDITIONAL PETROLEUM AND NATURAL GAS LEASES IN ALBERTA
GreatPacific International Inc.'s 100-per-cent owned subsidiary, GPI Oil andGas, has been successful in purchasing additional petroleum and naturalgas leases for two sections of land (1,280 acres) in Northern Albertawhere the company is directing its exploration and developmentactivities. The company has a 100-per-cent working interest in theseproperties. The company's total holdings have now increased to over26,280 gross acres (over 24,780 net acres) in Alberta. The company plansto continue to pursue acquisitions, adding to its land base for furtherexploration and development.
? 2011 Canjex Publishing Ltd.