RockBridge Resources Divests Cardium Stake
October 19, 2012
RockBridge Resources Inc. (Toronto Venture: RBE) announced that it has signed a letter of intent with an Alberta oil and gas company for a cash sale of the company's interests in its Pembina Cardium properties. Further details will be provided on the closing of the sale expected to be completed next month.
On the sale of the Pembina properties, the company will focus on its existing projects, which comprise the majority of the company's assets, and on projects under consideration in its strategic alliance with Crimson Energy Ltd., including those ...
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