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Zodiac Exploration Inc. Enters into Strategic Alliances and Acquires Additional Acreage
Zodiac Exploration Inc. Enters into Strategic Alliances and Acquires Additional Acreage Zodi...
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[{"type":"text","content":"Zodiac Exploration Inc. Enters into Strategic Alliances and Acquires Additional AcreageZodiac Exploration Inc. Enters into Strategic Alliances and Acquires Additional Acreage\nZodiac Exploration engages Meagher Energy Advisors, Inc., enters into strategic alliance with Western Energy Production, LLC and acquires additional acreage in the San Joaquin Basin. California \nCalgary, Alberta CANADA, June 18, 2013 /FSC/ - Zodiac Exploration Inc. (ZEX - TSX Venture), (\"Zodiac\" or the \"Company\")  is pleased to announce that it has engaged Meagher Energy Advisors, Inc. (\"Meagher\") a nationally recognized firm servicing the US Oil & Gas industry, and Western Energy Production LLC (\"Western\"), led by Mr. Steven Marshall, as strategic advisors to the Company.\nThe Company also advises that it has entered into a strategic alliance with Western to pool an additional ~10,000 acres that greatly enhances the Company's existing acreage.  \nFurther, the Company has increased the resource potential of its land assets with the acquisition of certain acreage which is strategically located and contiguous within its Jaguar and Panther West prospect areas and totals ~ 2,000 net acres.\nMr. Peter Haverson, the Company's President and Chief Executive Officer, said, \"We are pleased to have both Meagher and Western advising the Company on its extensive asset base in the San Joaquin Basin.  Meagher has a proven track record and a wealth of experience with many large and small energy companies across all of the North American oil and gas basins by advising them on the effective management of their land assets. Western, led by Mr. Marshall, also has a proven track record, specifically in the San Joaquin Basin, where it has developed a tremendous amount of knowledge of the current and emerging San Joaquin Basin oil plays and has also developed excellent contacts with key industry personnel.  Meagher and Western will provide invaluable assistance and advice to Zodiac in the management of its San Joaquin Basin assets and continuing forward strategy.\"\nThe Company will from time to time relinquish various land parcels as they become due, which are considered to be non-core and non-prospective.\nAbout Zodiac \nZodiac is a Calgary based company formed to explore for oil and gas assets in North America with a focus...