Equal Announces Stay of Proceedings

TIM MURRAY, Jennings Capital (03/21/2011)
"Friday, after market close, Equal announced it has agreed with Petroflow Energy to a 30-day stay of proceedings in the litigation in U.S. Bankruptcy Court between the two former joint venture partners. . .We view it is a positive sign that the Companies are trying to reach a settlement outside of Court, giving Equal more control of the outcome. . .we look forward to a resolution on this matter that will allow Equal to focus solely on its business without this distraction."

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