180 BOEPD, 120,000 acres for $3.1 million in stock
Manitok Energy (ticker: MEI) is acquiring Corinthian Oil Corp. Today’s amalgamation is the most recent in a string of growth moves by the company.

Corinthian Oil currently owns about 120,000 acres of land, 100,000 acres of which has not been developed. Most of this land is located in the Heathdale area of southern Alberta with current production focused on the Colony, Glauconitic and Detrital formations. Manitok believes there are significant further development opportunities in these forma...

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