Bay Street News

Oryx Petroleum and Zeg Oil and Gas Announce Strategic Investment

$30 million cash investment, $20 million proposed work commitment, and agreement to reduce indebtedness by $57 million through equity conversion

CALGARY, March 1, 2016 /CNW/ – Oryx Petroleum Corporation Limited (“Oryx Petroleum” or the “Corporation”) and Zeg Oil and Gas Ltd (“Zeg…