CGrowth Capital, Inc. announced that it has completed the Purchase and Sale Agreement (PSA) for the purchase of an additional 1,605 acres of Wyoming oil leases with 5 wells from Ventrum Energy Corp. (Ventrum). The leases, located in the Powder River Basin, include active wells with current production along with the associated fixtures, pumps, and tanks for the current field operation.

The company is working to complete the required filings and transaction through escrow with an effective date of December 31, 2013.