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Petro Resources Corporation: Petro Resources Announces Letter of Intent on Williston Basin Acquisition

14th Nov 2006, 21:51 GMT

HOUSTON, TX (MARKET WIRE) Petro Resources Corporation (the "Company") (AMEX: PRC), a diversified exploration and production company, announced today that it has entered into a letter of intent with an undisclosed private company (the "Seller") for the acquisition of an interest in 15 fields located in the Williston Basin in North Dakota. The properties consist of approximately 15,000 acres and 150 wells which are currently

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