2009-08-11-2007-10-01-2007-10-01

Transaction Type
Announce Date
Post Date
Close Date
Estimated Price
CA$23.3MM
Description

Reverse take-over, gaining assets including nine wells and WI in five properties consisting of 263,511 gross acres (126,625 net) of Crown leases.

DVD Investments Ltd., Toronto, (Toronto Venture: DVD-H) plans a reverse take-over with privately owned, Thornhill, Ontario-based Mooncor Energy Inc. for approximately C$23.3 million in stock. Mooncor specializes in E&P for unconventional gas projects primarily in the Colorado shales in western Canada. Mooncor also has a coalbed-methane project and two conventional oil and gas projects in Alberta. Mooncor has drilled nine wells and has rights to earn working interests in five separate properties consisting of 263,511 gross acres (126,625 net) of Crown leases in Alberta and Saskatchewan.