VAUGHAN, ONTARIO--(Marketwired - April 25, 2016) -
NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES.
Rockefeller Hughes Corporation ("Rockefeller") (TSX VENTURE:RHC) announces that its wholly-owned subsidiary, RHC Energy (USA), LLC has entered into an agreement to sell its interests in certain oil and gas properties, including 9 producing wells, located in Robertson County, Texas and known as the Halo Project for US$1.225 million. Proceeds of the sale will be used to pay down debt and for ongoing corporate expenses.
About Rockefeller Hughes Corporation
Rockefeller is an emerging junior oil and gas company engaged in the acquisition, exploration, development, and production of oil and gas properties. Its common shares are listed on the TSX Venture Exchange under the symbol RHC. There are currently 75,216,186 common shares issued and outstanding. For additional details please visit Rockefeller's website at www.rockefellerhughes.com.
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