The board of directors of Sheer Energy Inc. has approved a stock option grant to purchase 70,000 common shares of the corporation to a newly elected director at an issue price of $0.25 per share. Such ...
HOUSTON, Oct. 13-- Sheer Energy Inc., Calgary, completed the acquisition of Rigo Oil Co. Ltd., Vega Oil SpA, and units of Peyto Energy Trust. Sheer Energy also changed its name to Cygam Energy Inc.