Whitebark divests majority stake in Wizard Lake oil field to Conflux Energy

SYDNEY, AUSTRALIA: Whitebark Energy Limited (ASX:WBE) has announced the sale of a 90% working interest in its Wizard Lake oil field assets in Alberta, Canada, to Conflux Energy Corp. The deal, which was facilitated through a Purchase and Sale Agreement (PSA), will see Whitebark’s subsidiary, Rex Energy Limited, retain a 10% working interest. As part…