Nov 12 (Reuters) - Forent Energy Ltd FEN.V :
* Announces $4.0 million crude oil acquisition
* Acquisition of oil weighted production in the company's core area of twining
near three hills, Alberta
* Says purchase price is $4.0 million less adjustments, subject to a 10%
royalty with a put/call arrangement
* Says current production from the acquisition is approximately 250 boe/d
* Says will acquire over 70 gross sections of land including producing oil and
natural gas assets surrounding core area of twining
* Says this all cash acquisition is from an arm's length private company
* Source text for Eikon ID:nCCN2Ssd7s
* Further company coverage FEN.V