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Target Energy Completes Additional Interest in East Chalkley
Tuesday October 27, 2009, 12:54 pm

Original Announcement: Target Completes Additional Interest in East Chalkley

Target Energy advised that it has completed the purchase of additional interest in its East Chalkley oil field in Cameron Parish, Louisiana. The purchase, from Magnum Hunter Resources, has an effective date of 1 November 2009. The cost of the acquisition was US$500,000. The transaction will elevate Target's working interest across the field to 35%.

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