Border Petroleum Limited (TSXV:BOR) entered into a purchase and sale agreement to sell certain leduc assets for CAD 1.8 million on February 20, 2014. The transaction is subject to approval of the TSX venture exchange and the buyer completing the necessary Alberta Energy Regulator well licence transfers. The transaction is expected to close within 90 day.

Border Petroleum Limited (TSXV:BOR) completed the sale of certain leduc assets on May 1, 2014. The consideration was paid in cash.