Artisan Energy Corporation

TSX VENTURE : AEC


Artisan Energy Corporation

March 17, 2014 17:55 ET

Artisan Energy Announces Extension to Closing of Viking Light Oil Acquisition

CALGARY, ALBERTA--(Marketwired - March 17, 2014) - As previously announced, Artisan Energy Corporation ("Artisan" or the "Corporation") (TSX VENTURE:AEC) and Magnum Energy Inc. ("Magnum") (TSX VENTURE:MEN) have entered into a purchase and sale agreement (subject to certain closing conditions) pursuant to which Artisan will acquire Magnum's 50% operated working interest in 2,720 gross acres (1,360 net acres) of land in the Provost area of Alberta (the "Provost Asset"). The purchase and sale agreement has been amended further to extend the closing date to March 31, 2014, with an effective date of February 28, 2014.

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