A trip down memory lane.
Anyone remember this from Terrace Energy ?
Acquisition Activities
The Company terminated the previously announced non-binding Letter of Intent covering certain acreage in Reagan and Irion Counties, Texas, as a result of issues arising from our due diligence investigations.
The Company continues to investigate other acquisition and joint development opportunities and will report should it reach a material agreement in principle.
April 10 2012 that statement came out.
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