Carmen Energy Inc. announces quitclaim
January 08 2013 - 3:10PM
PR Newswire (Canada)
Carmen Energy Inc. announces quitclaim
CALGARY,
Jan. 8, 2013 /CNW/ - Carmen Energy
Inc. (TSXV: CEI) ("Carmen" or the "Corporation")
announces that it has quitclaimed its entire interest in and to its
Hamburg 14-34-097-11 W6M well (the
"Well") and related tangibles and miscellaneous interests to
Petrus Resources Ltd. ("Petrus") in exchange for Petrus
canceling outstanding debts payable by Carmen and related to the
drilling of the Well.
In addition and pursuant to the quitclaim,
Carmen relinquished its entire interest in and to the Seismic and
Drilling Option Agreement dated February 17,
2011, as amended, to Petrus and the participation agreement
between Carmen and Petrus was terminated as of the date of the
quitclaim.
About Carmen Energy Inc.: Carmen is based
in Calgary, Alberta and a publicly
traded oil and gas exploration and production company. The focus is
on exploration and development of Western Canadian Sedimentary
Basin based oil and gas properties. The current projects are the
Jumpbush properties in south eastern Alberta.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this press release.
SOURCE Carmen Energy Inc.
Copyright 2013 Canada NewsWire
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