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PetroShale Inc.

09:46 AM EST - PetroShale Inc. : said the new structure of its wholly-owned subsidiary, PetroShale (US), Inc., involved the creation of PetroShale (US) Land 1 LLC (Land LLC) and PetroShale (US) Production LLC (Production LLC) as wholly-owned subsidiaries. Production LLC primarily holds proved producing assets, whereas Land LLC holds the company’s leased US acreage and new wells. PetroShale Inc.
shares V.PSH are trading unchanged at $0.69.