Big Property Purchase Underway for Royal Quantum Group

Royal Quantum Group, Inc. has acquired an option to purchase an Oil & Gas property valued at $516.6 million. The 6,000-acre property is located in the state of Ohio, and includes 171 producing wells. The value of the property was determined by an independent Geological Asset Appraisal Report dated June 2007.

The value of the asset was discounted at 8%. The closing date of the transaction is on or before February 28, 2008 and is subject to financing.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
United States Midland: Account Rep, Bus Dev
Expertise: Business Development|Sales
Location: Midland, TX
 
United States Midland: Account Rep, Bus Dev
Expertise: Business Development|Sales
Location: Midland, TX
 
Site Project Administrator
Expertise: Project Management|Secretarial or Administrative
Location: Charlevoix, MI
 
search for more jobs

Brent Crude Oil : $55.47/BBL 0.69%
Light Crude Oil : $52.48/BBL 0.30%
Natural Gas : $3.41/MMBtu 0.29%
Updated in last 24 hours