GREY:WPPTF - Post by User
Comment by
ShawnyCash1on Dec 12, 2012 1:06pm
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Post# 20720188
RE: RE: wpp p/p and assets swap
RE: RE: wpp p/p and assets swap From what I was told, Nordic was in penalty on their Joint Venture property in Lloyd. Looks like a land, cash, debt, and property swap. Nordic to get a producing well elsewhere? Western gets a larger position of the JV lands and a re-evalution of assets due to the larger share owned. Could help bank lines to drill more wells and increase production going forward.