An unknown buyer made an offer to acquire certain working interest in Lester lease, Miller lease and Moon leases from Northumberland Resources, Inc. for $0.38 million.

An unknown buyer made an offer to acquire certain working interest in Lester lease, Miller lease and Moon leases from Northumberland Resources, Inc. (OTCBB:NHUR) for $0.38 million on October 31, 2012. The buyer will acquire 30% working interest in Lester lease, 15% interest in Miller lease and 20% interest in Moon leases. The funds will be used to expand the current oil production on its 5 lease Sawyer oil and gas field, develop current leases and acquire additional proven producing properties.

Northumberland Resources, Inc. will also be participating in new production drilling on its current interests on the Carver, Asmussen and Holt leases.