New stratus energy announces loi with baker hughes

Calgary, alberta--(newsfile corp. - may 20, 2022) - new stratus energy inc. (tsxv: nse) ("new stratus" or the "corporation") is pleased to announce the execution of a letter of intent (the "loi") with baker hughes services international, s.a.s. ("baker hughes"), an energy technology company with a global presence, including in ecuador. as previously disclosed on november 19, 2021, new stratus, through petrolia ecuador s.a. (former repsol ecuador s.a.), as operator, intends to invest approximately $200...
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