Triton Energy acquires West Central Alberta Property
Triton Energy Corp. (TSX VENTURE:TEZ) reported that the company has closed the acquisition of approximately 1,100 boepd in west central Alberta for consideration of approximately $45 million prior to normal adjustments, closed the previously announced $25 million bought deal financing of common shares increased its credit facilities to $25 million and closed the previously announced rights offering.
The press release is quoted as saying:
Triton is a Calgary, Alberta based corporation engaged in the exploration, development and production of petroleum and natural gas. The Corporation’s common shares are listed on the TSX Venture Exchange under the trading symbol “TEZ”.