05:15 PM EST - Costa Energy Inc : says it has sold its Pembina property to an independent oil and gas producer for $445,000. The property consists of a 41.25 percent stake in one-half section of land and five producing wells in Alberta. Current net production for Pembina is about 13 barrels per day of oil and natural gas liquids, and 14,000 cubic feet per day of natural gas. Costa Energy Inc.
shares T.COE are trading unchanged at $0.10.