OTCPK:VGIPF - Post by User
Comment by
Al42on Oct 29, 2012 6:50pm
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Post# 20537115
RE: RE: RE: Purchased Penn West Assets...the news
RE: RE: RE: Purchased Penn West Assets...the news sure looks like it to me.
Renegade has entered into an asset purchase agreement ("Purchase and Sale Agreement") with a Canadian senior producer to acquire certain strategic light oil and gas assets ("Acquired Assets") within its existing southeast Saskatchewan core area for cash consideration of approximately $405 million (net of approximately $15 million in closing adjustments) (the "Asset Acquisition").