PRIZE ENERGY ENTERS INTO AGREEMENT WITH CANADIAN NATURAL RESOURCES.CALGARY, Alberta--(BUSINESS WIRE)--May 3, 1995--PRIZE ENERGY INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). : PZI PZI protamine zinc insulin. PZI Protamine zinc insulin ) Prize Energy Inc. (the "Corporation") announced today that it has entered into an Agreement with Canadian Natural Resources ("CNR See riser card. CNR - Communication and Network Riser ") for the sale of ceratin oil and gas properties in the Worsley area of Northern Alberta. The transaction closed on April 28, 1995 and the sale price was $2,450,000. The net sale proceeds will be used to pay down the Corporation's credit facility. As a result of the disposition, the Corporation has decreased production by approximately 170 barrels of crude oil per day. Prize Energy Inc. trades on The Alberta Stock Exchange under the symbol PZI. THE ALBERTA STOCK EXCHANGE NEITHER APPROVES OR DISAPPROVES OF THE INFORMATION CONTAINED HEREIN. CONTACT: E.C.(Ted) McFeely, 403/294-1411 |
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