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GeoPetro Resources Announces Sale of Cook Inlet Project

Not Disclosed Geopetrol Resources Ltd.
AnnouncedMar 1, 2010
TypeProperty
Announced Date
March 01,2010
Close Date
June 30,2010
Transaction Type
Property
Enterprise Value (EV)($MM)
5




Snapshot
Asset/Basin:
{"Cook Inlet"}
TargetZones:
{"Middle Tyonek Form
Net Acres
Location
Country
United States

State
Alaska


Transaction Details:  Subscribe to see

GeoPetro Resources Company is pleased to announce detailed information on the sale of its Cook Inlet Project to Linc Energy (Alaska) Inc.
The Cook Inlet Project
Over the past five years, GeoPetro has acquired a 100% working interest in approximately 123,000 acres onshore in the Cook Inlet region of Alaska (the "Alaska Leases"). The leasehold position consists of two separate target areas, the Point MacKenzie Prospect and the Trading Bay Prospect, which have been selected for oil and gas exploration. The Point MacKenzie Prospect is located twelve miles northwest of Anchorage. The Trading Bay…

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