CLEARVIEW RESOURCES LTD. ANNOUNCES STRATEGIC INFRASTRUCTURE DISPOSITION AND ASSET ACQUISITION ...Middle East

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CALGARY, AB, June 3, 2024 /CNW/ – Clearview Resources Ltd. (“Clearview” or the “Company”) is very pleased to announce the disposition of certain underutilized infrastructure assets at its 100% owned Northville property in West Central Alberta for gross cash proceeds of $10.8 million. The disposition includes the sale of a 90% working interest in 10.9 kilometres of certain gathering pipeline systems, a 75% working interest in a compression facility and a 94% working interest in a 22.1 kilometre sales pipeline (the “Infrastructure Assets”). The Company retained a level of working interests in the Infrastructure Assets to continue to gather and compress its existing production and to preserve

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