CALGARY, AB, Feb. 3, 2025 /CNW/ - Logan Energy Corp. (TSXV: LGN) ("Logan" or the "Company") is pleased to announce that it has entered into definitive agreements with Topaz Energy Corp. ("Topaz") to sell a newly created 2.5% gross overriding royalty on the Company's lands in the Pouce Coupe area (the "GORR Sale") and a 35% non-operated working interest in Logan's Pouce Coupe 04-19 gas plant, compressor station and oil battery which are currently under construction (collectively, the "Pouce Facility") for combined gross proceeds of $43 million.
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LOGAN ENERGY CORP. ANNOUNCES FACILITY INTEREST SALE AND ROYALTY SALE FOR COMBINED PROCEEDS OF $43 MILLION
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