Stocks in Play

Blackdog Resources Ltd.

03:16 PM EST - Blackdog Resources Ltd. : announced that it has completed acquisition from Luxor Oil and Gas Ltd. of a wellbore and an additional quarter section of land adjacent to the company's light oil property at Woking, Alberta. Blackdog paid $100,000 cash for the wellbore, the related surface equipment and a pipeline for gas transportation, with Luxor retaining a 5.5% gross overriding royalty on the well. Blackdog will have a minimum working interest of 58.33% in the wellbore, or higher should its partners decline to participate in the acquisition and the planned workover of the well. Blackdog Resources Ltd. shares V.DOG are trading even at $0.36.