Eurogas to Acquire Largest O&G Assets in Ontario

Dundee Corporation announced that its 54% owned subsidiary Eurogas Corporation has entered into an agreement to acquire the largest accumulation of oil and natural gas assets in Ontario for a cash purchase price, before closing adjustments, of $131 million. The Acquisition has an effective date of March 1, 2010 and is expected to close on or about May 27, 2010.


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Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
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