TSXV:OVL.H - Post by User
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BayStreetkidon Feb 17, 2011 3:54pm
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PPE Purchases interest in field
PPE Purchases interest in fieldPacific Paradym to pay $700,000 for interest in well
2011-02-17 15:49 ET - News Release
:
Mr. Harry Chew reports
ACQUISITION OF LAND INTERESTS IN THE SINCLAIR FIELD IN MANITOBA
Pacific Paradym Energy Inc., further to its news release in Stockwatch on Feb. 17, 2011, will be paying approximately $700,000 to earn a 40-per-cent working and net interest in a horizontal developmental Bakken well in the Sinclair field of Manitoba. Upon completion of this well, the company will have earned a 40-per-cent interest in one-fourth section of land as well.