Heartland signs letter of intent to acquire Evergreen Resource's Forest City Basin Kansas assets for $22 million
September 20, 2004 (Press Release) --
Heartland signs letter of intent to acquire Evergreen Resource's Forest City Basin Kansas assets for $22 million
Heartland Oil and Gas Corporation (OTCBB: HOGC) www.heartlandoilandgas.com has signed a letter of intent with Evergreen Resources, Inc. (EVG) to purchase Evergreen's Forest City Basin CBM assets in eastern Kansas for $22 million, of which $2 million has been advanced by way of refundable deposit. The transaction is scheduled to close on September 24, 2004, and is subject to Heartland obtaining the necessary financing, and the execution of a definitive Purchase and Sale Agreement.
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Heartland Oil and Gas Corporation (OTCBB: HOGC) www.heartlandoilandgas.com has signed a letter of intent with Evergreen Resources, Inc. (EVG) to purchase Evergreen's Forest City Basin CBM assets in eastern Kansas for $22 million, of which $2 million has been advanced by way of refundable deposit. The transaction is scheduled to close on September 24, 2004, and is subject to Heartland obtaining the necessary financing, and the execution of a definitive Purchase and Sale Agreement.
Disclaimer: www.investorideas.com/about/disclaimer
Full news: www.investorideas.com/Companies/ViewDocument.asp?ID=2189
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