09:48 AM EST - Quattro Exploration and Production Ltd. : has signed a binding Letter of Intent to purchase oil and gas production, facilities and lands from an Alberta-based private oil and gas exploration and production company. The purchase price for the acquisition is $5,182,630 to be paid through the issuance of equity and the assumption of decommissioning liabilities. Quattro Exploration and Production Ltd.
shares V.QXP are trading unchanged at $0.24.
