RADNOR, Pa. – Pardee Resources Company (OTC: PDER) has announced the completion of the sale of approximately 8,800 acres of oil & gas interests in Elk and Cameron Counties, Pennsylvania, for $10 million.
According to Carleton P. Erdman, President and CEO, these interests were acquired over a century ago but were non-revenue producing and deemed non-strategic to the Company.
Investors are encouraged to review the risks, uncertainties and other important factors that could cause actual developments and results to differ from expectations.
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The Pardee Resources Company (OTC: PDER) is a company with interests in natural resources.
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