Paleo Resources, Inc. sold an undivided 5% working interest in its Joffre lease to EnergyFunders Yield Fund I GP LLC for USD 400,000, effective as of December 1, 2021 (the Joffre Sale). The Joffre Sale is an arms length transaction. Proceeds from the Joffre Sale will be used for general corporate purposes and to complete the installation of the Joffre lease production facilities, including gas flare, flare knock out, safety systems, and artificial lift installation on both the Joffre 103/9-22.
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13/04 | EF EnergyFunders Ventures, Inc. Announces CFO Changes | CI |
13/04 | EF Energyfunders Ventures, Inc. Announces Executive Changes | CI |
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+48.92% | 122B | |
+20.84% | 82.35B | |
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- Paleo Resources, Inc. Sells Undivided 5% Working Interest in its Joffre Lease to EnergyFunders Yield Fund I GP LLC for USD 400,000, Effective as of December 1, 2021