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Acquired 100% interest in Cerda #1 well in Jim Hogg Co., TX.

Heartland Energy Development Corp., Englewood, Colo., has acquired a 100% interest in the Cerda #1 gas well in Jim Hogg County, Texas, from an undisclosed seller for an undisclosed price. The well is adjacent to Northeast Thompsonville Field. Heartland currently has 860 acres under lease, with an option to lease an additional 800 acres directly from the property owner.