Gallic Terminates LOI for Oklahoma Oil Properties
Following due diligence, Gallic Energy has terminated its previously announced letter of intent for the acquisition of interests in oil properties in Creek County, Oklahoma.
Gallic is continuing to investigate acquisition and growth opportunities, in keeping with its strategy to acquire and consolidate low risk oil and gas properties to bring immediate production, cashflow and reserves to the Company.
- Gallic Gets Green Light to Re-Enter France Wells (Oct 12)
- Gallic Terminates LOI for Oklahoma Oil Properties (Apr 02)
- Gallic Energy Enters LOI to Purchase Canadian Properties (Mar 18)