Q2 Round-Up: Perpetual Starts Q2 With East Edson Sale; Surge, Athabasca Also Report Quarterlies

Perpetual Energy Inc. sold half of its working interest in its East Edson property in West Central Alberta at the start of Q2 2020 to a third-party purchaser for consideration including a cash payment of $35 million and the carried interest funding of the drilling, completion and tie-in costs for an eight-well drilling program.

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