Powder Mountain Energy Ltd. Announces Disposition of Non-Core Wyoming Assets

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[{"type":"text","content":"Powder Mountain Energy Ltd. Announces Disposition of Non-Core Wyoming Assets \n\t\t\tbody { font-size: 11pt;\n\t\t\t}\n\n\t\t\t.nr-sub-head ul,\n\t\t\t.nr-body ul {\n\t\t\t\tlist-style-type: disc !important;\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-sub-head ol,\n\t\t\t.nr-body ol {\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\t\t\t\n\t\t\t.nr-body p, .nr-body {margin-bottom: 0px !important;\n\t\t\t\t\t-webkit-margin-before: 0px !important;\n\t\t\t\t\t-webkit-margin-after: 0px !important;\n\t\t\t\t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 11pt !important;\n\t\t\t } \n\n\t\t\ttbody {\n\t\t\t\tborder-top: 0;\n\t\t\t}\t\t\t\n\t\t\t \n\t\t\t H1 {font-weight: bold;\n\t\t\t\tfont-size: 16pt;\n\t\t\t }\n\t\t\t \n\t\t\t H2 {font-weight: bold;\n\t\t\t\tfont-size: 12pt;\n\t\t\t }\n\t\t\t \n\t\t\t H3 {font-weight: bold;\n\t\t\t\tfont-size: 11pt;\n\t\t\t }\n\t\t\t \n\t\t\t \n\t\t\t H1.nr-head {font-family: Trebuchet MS !important;\n\t\t\t \t\tfont-size: 16pt !important;\n\t\t\t \t\tcolor: #3D86C6 !important;\n\t\t\t \t\tfont-weight:bold !important;\n\t\t\t \t\ttext-align:center !important;\n\t\t\t }\n\t\t\t \n\t\t\t H2.nr-sub-head {font-weight: bold !important;\n\t\t\t \t\tdisplay: block !important;\n\t\t\t \t\ttext-align: start !important;\n\t\t\t \t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 12pt !important;\n\t\t\t }\n\t\t \n\t\t\t .nr-body a { font-size: 11pt !important; \n\t\t\t }\n\t\t\t \n\t\t\t TABLE { width: auto!important; \n\t\t\t }\n\t\t\n\t\t Powder Mountain Energy Ltd. Announces Disposition of Non-Core Wyoming Assets\n Calgary, Alberta (FSCwire) - Powder Mountain Energy Ltd. (“Powder Mountain”) (TSX-V: PDM) is pleased to announce that it has entered into an agreement to sell certain of its property, wells and production in Wyoming (the ``Agreement``) to an arm’s length third party for consideration of CDN $1,985,000 effective March 31, 2014.\n\n\n\nThe disposition of these non-core assets will reduce Powder Mountain’s production by 30 BOPD (net) of sour, heavy oil production.  The Agreement also includes the sale of approximately 18,106 gross (9,052 net) acres of petroleum and natural gas leases.\n\n\n\nClosing of the sale is expected to occur on or before August 1, 2014.\n\n\n\nNot for distribution to U.S. news wire services or dissemination in the...

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