March 1, 2018 / 1:11 PM / 7 months ago

BRIEF-Point Loma Resources Announces Agreement To Acquire Oil & Gas Assets

March 1 (Reuters) - Point Loma Resources Ltd:

* POINT LOMA RESOURCES ANNOUNCES AGREEMENT TO ACQUIRE OIL & GAS ASSETS

* POINT LOMA RESOURCES - TO ACQUIRE OIL AND GAS ASSETS FROM A PRIVATE OIL AND GAS CO INVOLVED IN A RECEIVERSHIP PROCESS, EFFECTIVE DATE NOV 1, 2017​

* POINT LOMA RESOURCES - ‍ ACQUISITION HAS LIABILITY MANAGEMENT RATIO OF 3.4, MADE OF DEEMED ASSETS OF $11.5 MILLION, DEEMED LIABILITIES OF $3.4 MILLION​ Source text for Eikon: Further company coverage:

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