Petrus Resources Ltd. announced that it closed the acquisition of certain oil and natural gas assets in the Peace River area of Alberta on June 29, 2012, with an effective date of April 1, 2012 for cash consideration of $60 million before closing adjustments and related costs. The Acquisition includes production of approximately 1,600 barrels of oil equivalent per day, weighted 50% to oil. Petrus is also announced that Roy Aneed, Principal of NGP, has joined the Board of Directors of the company.