StockGuru News Bulletin: Lexington Energy (OTCBB: LXES) Signs Letter of Intent to Acquire Assets of Southern Well Testing; Lexington Poised to Increase its Share of the Lucrative Well-testing Market
Lexington Energy (OTCBB: LXES) Signs Letter of Intent to Acquire Assets of Southern Well Testing Lexington Energy Services Inc. (OTCBB: LXES) Lexington Poised to Increase its Share of the Lucrative Well-testing Market CALGARY, Feb. 8 /PRNewswire-FirstCall/ - Lexington Energy Services Inc. (LXES.OB) is pleased to announce that on February 7, 2007, it has signed a non-binding letter of intent to acquire the assets of privately held Southern Well Testing Ltd. and Southern Well Testing (2005) Ltd., of Brooks, Alberta. Lexington intends to acquire all of the assets of Southern Well Testing, including Southern Well’s eight completely mobile P-tank test units…