03:42 PM EST - Cavan Ventures Inc. : signed an agreement for the purchase of a non-operated working interest in a shut-in oil and gas property located in the Provost area in East Central Alberta for $280,000 and two million common shares issued at the price of $0.15 per share. The operator has identified four wells that it believes are candidates for reactivation. Cavan is a public resources exploration company based in Vancouver, B.C. Its main business objective is to build a portfolio of resources properties with a focus on advancing quality properties to the production stage. Cavan Ventures Inc.
shares V.CVN are trading even at $0.09.
