Fortem Resources Inc. Acquires 165,000 Acres of Oil and Gas Leases in the Moenkopi Formation, Utah

April 17, 2017

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LAS VEGAS, NV–(Marketwired – Apr 17, 2017) – Fortem Resources Inc. (OTCQB: FTMR) (the “Company“) is pleased to announce that on April 12, 2017, it entered into and closed a Membership Interest Purchase Agreement (the “MPA“) with two arm’s length vendors to acquire all the membership interests of Black Dragon, LLC, a Nevada limited liability company. Black Dragon has the right to acquire a 75% working interest in and to certain leases, hydrocarbons, wells, agreements, equipment, surface rights agreements and assignable permits totaling approximately 165,000 acres (258 sections) at an 80% net revenue interest located in the Moenkopi formation of the Carbon and Emery Counties, Utah.

Category: General