Enterprise Energy says purchased interest in oil and gas assets in Papua New Guinea

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Enterprise Energy Resources Ltd. (TSX VENTURE:EER) is pleased to announce that in conjunction with an arm's length third party, the Company has acquired a 31.5% interest in Telemu No. 18 Ltd., a Papua New Guinea based subsidiary of LNG Energy Ltd. (TSX VENTURE:LNG) for aggregate consideration of $4 million.

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