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This agreement allows EGPI Firecreek Inc to spend an additional USD4.5m in capital expenditures (CAPEX) for new drilling and joint development for the Tubb South 40 acreage interests in 2012.
Caddo has annual sales of between USD1.4m (EUR989,000) and USD2.4m and around USD6m in assets.Country: , USASector: Petroleum/Natural Gas/CoalTarget: Caddo International IncBuyer: EGPI Firecreek IncType: Corporate acquisitionFinancing: All-stockStatus: AgreedComment: Buyer finanlises agreement for Caddo acquisition.
Oil and gas company EGPI Firecreek Inc (OTCBB:EFIRD.ob) revealed on Tuesday the completion of an agreement for the acquisition of Caddo International Inc.
EGPI Firecreek, Incorporated (EGPI) ( OTCBB:EFIR), an oil and gas exploration company, has signed a letter of intent to purchase a privately owned signalisation, intelligent traffic systems and lighting company based in Florida.
Oil and gas company EGPI Firecreek Inc (OTCBB:EFIR.ob) reported on Wednesday that its board of directors has approved a tender offer for the acquisition of Caddo International, an oil production and service company.
US oil and gas producer EGPI Firecreek (OTCBB:EFIR) said today its board of directors had given the green light to the takeover offer for local oilfield services firm Caddo International.
EGPI Firecreek Inc (OTCBB:EFIR.ob) reported on Thursday the discovery of a significant oil & gas reserve at its recently acquired Tubb Leasehold Estate oil and gas property in the AMOCO/CRAWAR Field in Ward County, Texas.