Enterra to buy Rocky Mountain Gas

April 14, 2005
Enterra Energy Trust has agreed to acquire Rocky Mountain Gas Inc. (RMG) for $20 million plus the assumption of $3.5 million of debt.

By OGJ editors

HOUSTON, Apr. 14 -- Enterra Energy Trust has agreed to acquire Rocky Mountain Gas Inc. (RMG) for $20 million plus the assumption of $3.5 million of debt.

Enterra also will be entitled to up to $2 million if proceeds from a future disposition of RMG's minority equity ownership of Pinnacle Gas Resources Inc. exceeds $10 million.