| DENVER, Feb. 21, 2012 /PRNewswire/ -- Grid Petroleum Corp. (OTCBB: GRPR) The Board of Directors are pleased to announce that Grid Petroleum has entered into a Joint Venture Development Agreement with a private holding company, to develop a Mutual Area of Interest in the Northwest Premont Field in Jim Wells County Texas. The Field covers 4,500 acres and is part of the Gulf Coast Trend in South Texas. Reserves are estimated to contain over 20 million barrels of oil (bbls) and 20 billion cubic ...continued GRPR |
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