Mining company reconsiders acquistion
Pacific Energy & Mining Company of Reno said last week it’s decided against its planned acquisition of a half interest in 16 natural gas wells in New Mexico.
Publicly held Pacific Energy had announced the planned acquisition in January. It said then it hoped to have the wells in production during February.
“Reach for this book with an open mind and there’s much to learn, whether you’re the owner, supervisor, or an in-the-trenches worker.”