At Pembina, Sahara has sold its operated working interest in a marginal oil well for C$187,699. Sahara also closed the sale of a non-operated heavy oil property in western Saskatchewan for consideration of C$1.39 million in amounts owed by Sahara to the operator.
These property sales will reduce Sahara’s debt by C$1.57 million and strengthen its balance sheet. Sahara will continue to focus on its core area of Lloydminster, Alberta.
