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Mountain Energy Corp.

11:47 AM EST - Mountain Energy Corp. : Announced the acquisition of the Kight Gilcrease Sant Unit oil and gas project in Seminole County, OK (has closed. Under the terms of the definitive Purchase Agreement dated February 13, 2018, as amended on November 5, 2018, between the Company, Seminole Productions, LLC, an Oklahoma private company, and Desert Energy Corp., the Company’s U.S. subsidiary, the Company has acquired certain oil and gas interests comprising the Kight Gilcrease Sand Unit. Mountain Energy Corp. shares V.DME are trading up $0.02 at $0.23.