Deals - Acquisition, Mergers, Divestitures
North American O&G Merges with San Joaquin-Focused Lani LLC
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North American Oil and Gas Corporation has completed a merger with Lani LLC, a private oil and gas company operating in the San Joaquin Basin of California, USA. The merged company will continue to be called North American Oil and Gas.
The Company holds participation interests in approximately 5,000 gross acres (3,500 net) with most of the acres in two prospective areas named Tejon Extension and Tejon Main. The Tejon Extension and Tejon Main Project areas are situated between the Tejon North and Tejon Fields.
The Company has concluded a farm out agreement with Avere Energy Corp., a Delaware corporation and wholly-owned subsidiary of East West Petroleum. East West Petroleum is a Corporation organized in British Columbia, Canada, listed on the TSX Venture Exchange and focused on…
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