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Black Spruce Exploration Corp. is a subsidiary of Foothills Capital Corp. and...

  • is an exploration and development company in oil and natural gas fields
  • has a Farm-in agreement with Ptarmigan Energy Inc., and 100% ownership in two Exploration Permits purchased from Deer Lake Oil & Gas Inc. and intends to drill and obtain working interests in these properties in Western Newfoundland
  • will determine, as operator, the best methodology for the safe and economical extraction of hydrocarbons from these properties

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