February 04, 2011 Berkley Resources Announces Sale of Interest in Dollard Area, Saskatchewan | |
Berkley Resources Inc. ("Berkley" or the "Company") has announced that, effective October 1, 2010, the Company has sold its 18.72% interest in the Dollard Area, Saskatchewan. Pursuant to the terms of a Purchase and Sale Agreement with an arms-length private operator, the Company will be paid $1,111,000 in connection with the transaction. Berkley Resources Inc. is a growth-oriented, junior oil and gas company with production, development and exploration assets in Alberta, Canada. ON BEHALF OF THE BOARD "Matt Wayrynen" _________________________________ Matt Wayrynen President and Chief Executive Officer | |
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