CALGARY, Sept. 14, 2016 /CNW/ – Altura Energy Inc. (“Altura” or the “Corporation”) (TSX Venture: ATU) is pleased to announce that it has closed its previously announced acquisition of high quality oil assets (the “Assets”) strategically located in east central Alberta for cash consideration of $4.0 million. The Assets add 125 boe/d of low decline production and include facility infrastructure and a natural gas pipeline for future growth.
ABOUT ALTURA ENERGY INC.
Altura Energy Inc. is a public oil and gas corporation active in the exploration and development of oil and natural gas in east central Alberta.