03:48 PM EST - Sonde Resources Corp. : announced today that it has reached an agreement to acquire a block of producing and non-producing assets at Drumheller from a third party, which includes the bulk of producing interests in the Mannville "I" oil pool not currently owned by Sonde, as well as adjacent non-producing leases and suspended wells. In the transaction Sonde will acquire 10,367 net acres of mineral interests, and approximately 110 barrels of oil equivalent per day of production, for an aggregate purchase price of $6.3 million. The purchase price will be satisfied in cash at closing, which is scheduled for September 22, 2011. Sonde Resources Corp.
shares T.SOQ are trading up $0.06 at $2.42.
