09:49 AM EST - Forent Energy Ltd. : announced that pursuant to a purchase and sale agreement with an independent Canadian oil and gas company, Forent has closed an acquisition of low decline, high netback, medium gravity oil (22 to 29 degree API) producing properties in central Alberta for a total purchase price of $7.5 million. The properties currently produce approximately 150 barrels of oil equivalent per day. Forent Energy Ltd.
shares V.FEN are trading unchanged at $0.09.
