
Pardee Resources Company (OTC: PDER) announced today that it closed on the sale of approximately 8,800 acres of oil & gas interests located in ElkÌý²¹²Ô»åÌýCameronÌý°ä´Ç³Ü²Ô³Ù¾±±ð²õ,ÌýPennsylvaniaÌý´Ú´Ç°ùÌý$10 million dollars. “These interests, which were acquired over 100 years ago, were non-revenue producing and deemed non-strategic to the Company,” said Carleton P. Erdman,ÌýPresident and CEO.