Portal Resources Ltd. is pleased to announce that the terms of the Company's proposed acquisition of oil and gas production assets in West Central Saskatchewan have been amended. Changes to the Purchase and Sale Agreement consist of the following: i) the purchase price will now be $8.3 million (previously $9.1 million); ii) the seller will be [...]
Portal is pleased to announce that Mr. Brent Marzolf CA, CPA has joined the Company's Oil and Gas Advisory Board. Mr. Marzolf received a Bachelor of Commerce degree from the University of Saskatchewan in 1982, a Chartered Accountant designation in 1986, a Certified Public Accountant designation in 1996, and has 30 years of oil and gas industry [...]
Portal Resources Ltd. is pleased to announce that it has signed a Purchase and Sale Agreement for the acquisition of production and assets from an intermediate NYSE listed oil producer for $9.1 million. The assets are located in West Central Saskatchewan and produced 365 boe/day during the month of August. The effective date of the transaction is [...]