Trading Bay/U.S. Petroleum Cook Inlet deal unwindsDeal required drilling at properties on west side of Cook Inlet; Trading Bay’s owner Paul Craig has other parties looking at prospects Steve Sutherlin PNA Managing Editor
U.S. Petroleum Corp. of Vancouver, British Columbia, has pulled out of an agreement to buy all of the Cook Inlet working interest holdings of Trading Bay Energy Corp., Paul Craig, 100 percent owner of Trading Bay told PNA Oct. 29.
“Following the completion of due diligence, U.S. Petroleum Corp. has....
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Agreement stipulated drilling U.S. Petroleum says it will close on another property
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