An unknown buyer acquired three significant discovery licenses in Northwest Territories from PRD Energy Inc. (TSXV:PRD) for CAD 1.1 million on March 12, 2012. The buyer assumed all past, present and future obligations of the PRD Energy in respect of Northwest Territories assets. Sayer Energy Advisors acted as financial advisor for PRD Energy. An unknown buyer completed the acquisition of three significant discovery licenses in Northwest Territories from PRD Energy Inc. (TSXV:PRD) on March 12, 2012.