Brahma Resources Ltd. - Lloydminster Asset Sale
Brahma Resources Ltd. (Brahma) has engaged NRG Divestitures to sell its oil assets in the Lloydminster area.
The property includes three 100% working interest, operated, Sparky oil wells. For the month of February, 2014, the wells produced a combined total of 35 BOE/D. Cash flow is positive, netting ~$170k over the second half of 2013, with significant one-time expenses now out of the way.
Thank you for reviewing this opportunity.
Please send signed CAs to Maura Kang.