SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : V.EGG - Ebony Gold & Gas
EGG 3.990+1.0%3:41 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Coho who wrote (1022)11/25/1997 8:22:00 AM
From: Bob Walsh  Read Replies (1) of 1088
 
News release
Mon 24 Nov 97 Property Agreement
The VSE has accepted for filing a letter of agreement dated October 7 1997 between the company and American Hunter Exploration Inc (a subsidiary of U.S. Diamond Corp) whereby the company has agreed to sell to American Hunter the following:
1. 50% interest in oil and gas equipment for US$40,000; and
2. 25% interest in the Ledbetter well and a 25% interest in the Ebony well No. 00 and the right to acquire a 50% working interest (subject to a 10% royalty interest in favour of the company) in any and all wells proposed to be drilled within a designated area of interest in Tennessee, and have to right to acquire a 50% equity interest in the company's US subsidiary for US$325,150 (US$260,000 of this amount is to be paid to Poston & Poston Drilling Corp as the balance owing in respect of the sale of certain oil and gas equipment.)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News