Pacific Energy & Mining Co., Reno, Nev., (Pink Sheets: PEMC) plans to acquire the oil and gas assets of Colorado Utah Natural Gas Inc., Salt Lake City, for an undisclosed amount of stock and assumed debt. Colorado Utah Natural Gas has assets
in the Uinta Basin in Utah. Net proved reserves as of Sept. 30, 2005, are 17.7 billion cubic feet of gas equivalent.
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