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X-Change Acquires Bakken, Three Forks Acreage

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April 9, 2012

X-Change Corporation (OTCQB XCHC.PK) announced on April 9 through its subsidiary Cress Oil, Inc., an independent exploration and production company based in Houston, that it has entered into a purchase and sale agreement with a private company to acquire more than 44,000 net mineral acres in the Bakken and Three Forks formation in the US portion of the Williston Basin of Montana. The total purchase price is $30,800,000.00. The leases can be taken in separate blocks of 1,000 or more acres at the discretion of Cress Oil until the entire ...

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