Radial Energy Announces Texas Oil and Gas Prospect Acquisitions
June 30th, 2006Radial Energy Inc. (OTC BB:RENG.OB )is pleased to announce that it has entered into an agreement to acquire a working interest in three separate exploratory oil and gas prospects located in Cherokee County, Texas. The Company has agreed to purchase the prospects for the sum of $700,000 with the vendor retaining a 4% Overriding Royalty. [...]