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One-Page Deal Sheet

Nordic Oil and Gas Adds to BC Acreage

Nordic Oil and Gas Ltd. Not Disclosed
AnnouncedMar 6, 2014
TypeProperty
Announced Date
March 06,2014
Effective Date
November 01,2013
Close Date
March 05,2014
Transaction Type
Property




Snapshot
Asset/Basin:
{Montney}
Net Acres
Location
Region
Canada

Country
Canada


Calculated Metrics( EV/Category)

Transaction Details:  Subscribe to see

Donald Benson, President and CEO of Nordic Oil and Gas Ltd., is pleased to announce the Company has acquired an average of 80% interest in 1,179 hectares of land from Quattro Exploration and Production Ltd. in the Noel, B.C. area.

The acquisition price of $300,000.00 was paid by issuance of 4,000,000 shares of Nordic Oil and Gas Ltd. to be issued from treasury at a deemed value of $0.05 per share, 1,000,000 warrants issued without par value and a promissory note in the amount of $100,000.00. The Closing date is March 5, 2014 and the effective date is November 1, 2013. The warrants are…

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