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Sacgasco acquires Raven and Bombora interests

CALIFORNIA-focused Sacgasco will acquire a further interest in its operated projects in the northern Sacramento Basin, after it signed agreements with Raven Energy and its subsidiary Bombora to buy out their stakes in the Alvares, and Dempsey project.

Paul Hunt

Sacgasco acquires Raven and Bombora interests

Under the agreement Sacgasco will issue Raven two million escrowed shares in return for Bombora's 15% stake in the Alvares project, 15% interest in the Dempsey project and 10% interest in the Dempsey...

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