HNR Acquisition Corp (HNRA) to Combine with Pogo Resources

HNR Acquisition Corp. (NYSE:HNRA) has entered into a membership purchase agreement with Pogo Resources and two affiliates. Dallas-based Pogo acquires, develops and exploits oil and gas assets in Texas’ Permian Basin Transaction Overview HNR has an estimated $89 million in its current trust and the transaction is expected to provide $100 million in cash proceeds
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