The acquisitions to be completed are: an 8.33% working interest in the 16-34-47-3W5, effective as of February 1, 2010; and an 8.33% working interest in the 6-33-47-3 W5 well, effective as of February 1, 2009.
Following the acquisitions, Kallisto Energy will have a 25% working interest in each well and closing of the transaction is scheduled for April 27, 2010.
Kallisto Energy is a Calgary-based resource company engaged in the exploration, development and production of oil and natural gas in Alberta.
