Firebird Energy Inc. (TSXV:FRD) has reached an agreement with a private British Columbia company pursuant to which Firebird will acquire all of its exclusive rights located in Texas.
These rights include funding the development of leases located throughout Caldwell County specifically in Salt Flat, Luling-Branyon and Darst Creek fields. In connection with the agreement, Firebird has paid the company a refundable deposit in the amount of C $100,000.
Firebird Energy Inc. is engaged in the exploration, development, and production of oil and natural gas. ...