Lighthouse Petroleum Inc. (Pink Sheets: LHPT) has released a corporate update to its shareholders. According to the company, the reorganization of their finances is now complete.
The company’s management has been able to negotiate pending litigation except for but one case, which is currently being negotiated and the company expects a favorable outcome in the near future. They also reduced overall liabilities by more than $663,000.
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Lighthouse Petroleum Inc. (PINKSHEETS: LHPT) is an oil & gas exploration company headquartered in Dallas, Texas. The company is publicly traded on the over-the-counter Pink Sheets trading system under the symbol LHPT.
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