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FORENT ENERGY LTD. V.FEN

"Forent Energy Ltd is an oil and gas exploration, development and production company with mineral rights holdings, reserves, and production in Alberta, Canada. The company does a production of oil reserves through development drilling on three core properties in south-central Alberta; Twining, Provost, and Wayne. The majority of Forent’s production is generated from these properties. The firm generates the majority of its revenue from Oil sales."


TSXV:FEN - Post by User

Post by mike49on Mar 21, 2017 11:10am
148 Views
Post# 26007765

Better call Saul

Better call SaulHow does Rousch play this one.....

Perisson Petroleum Corp. has served notice of termination to Forent Energy Ltd. with respect to the amalgamation agreement between Perisson and Forent dated March 4, 2016, as amended and restated on July 6, 2016. In conjunction with the termination of the amalgamation agreement, Perisson has further served Forent with notice of collapse of the trust agreement dated April 27, 2016, between Forent and Perisson, under which Forent had been operating as bare trustee on behalf of Perisson to act as operator of Perisson's oil and gas properties located in the Twining area of Alberta. Pursuant to the notice and the trust agreement, Perisson has demanded that the registered interest in the properties be transferred to Perisson as beneficial

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