PetroWorth Announces a Normal Course Issuer Bid

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Thu, Aug 19, 2010
Oil & Gas Company News
Oil and Gas Researcher

PetroWorth Resources Inc. (CNQ:PTW) announced its intention to make a normal course issuer bid to repurchase some of its common shares through the facilities of the CNSX stock exchange.

The press release is quoted as saying:

PetroWorth Resources Inc. is a junior oil and gas exploration company with extensive onshore properties in Eastern Canada. The Company has acquired 100% working interests in almost one million acres in nine separate exploration permits on Prince Edward Island, Nova Scotia and New Brunswick. The strategy of the company is to conduct aggressive exploration programs on these permits, both internally generated and through advantageous farm-in arrangements.

Click here to access the entire press release

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