M2 PRESSWIRE-14 July 2008-Bench Mark Journal: BenchmarkJournal.com Sector Analysis for PGPM(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:14072008
This Friday, July 11th, 2008, Pilgrim Petroleum Corporation (PINKSHEETS: PGPM) (FRANKFURT: PHV), an independent oil and gas company, announced that it has entered into a agreement with an OTCBB fully reporting public company for the acquisition of Pilgrim's leasehold portfolio. Due diligence of the transaction has finalized and the companies have achieved a successful negotiation of a material definitive acquisition agreement executed today.
This Friday, during the trading sessions, Pilgrim Petroleum Corporation (PINKSHEETS: ...