2009-05-11-2009-05-11-2009-05-11

Transaction Type
Sellers
Announce Date
Post Date
Close Date
Estimated Price
$0.1MM
Description

Acquired 280 acres & 3 wells adjacent to its Thayer Project in KS.

Admiral Bay Resources Inc., Centinnial, Colo., (Toronto Venture: ADB) has acquired 280 net acres and three wells adjacent to its Thayer Project in Kansas from an undisclosed seller for $100,000. The wells presently sell into the Thayer gathering system and are capable of producing more 80 million cubic feet of gas per day gross and have one proven undeveloped drilling location based on company estimates.