Petrichor Energy Inc. has closed the first tranche of its convertible debenture financing, raising C$3,400,000 to acquire a 50% working interest in the Marble Falls property in Texas. The debentures, governed by a fixed indenture, are convertible into common shares at varying prices over three years and bear a 12% interest rate, with repayment terms outlined. Concurrently, the company acquired the working interest in land covering over 11,695 acres, with production efforts focusing on the Mississippi Lime and Marble Falls formations.