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New Stratus Energy Inc V.NSE

Alternate Symbol(s):  RDRIF

Energy Oil & Gas E&P
New Stratus Energy Inc. is a Canada-based oil and gas company focused on Latin America. The Company is engaged in the acquisition, exploration, and development of oil and gas properties. It holds approximately 50% indirect interest in GoldPillar International Fund SPC Ltd. (GoldPillar). GoldPillar, in turn, holds a 40% equity stake in Petrolera Vencupet, S.A. (Vencupet). Vencupet holds the rights for oil production in six fields located in Eastern Venezuela, which include Adas, Lido, Limon, Leona, Oficina Norte and Oficina Central (the Fields) all located onshore in the Anzoategui and Monagas States. The Fields are located onshore in the Eastern Venezuela Basin and have an aggregate area of 794.2 square kilometers (km2). It also entered into a definitive agreement to acquire over 49% equity stake in Operaciones Petroleras Soledad S.de R.L. de C.V. (OPS), a private oil and gas company in Mexico. OPS is the third-party contractor and operator of a hydrocarbons production contractor.


TSXV:NSE - Post by User

New Stratus Energy Inc > Eastern Venezuela
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Comment by stiffupperlipon Aug 10, 2023 12:56am
93 Views
Post# 35581021

RE:RE:RE:RE:RE:RE:RE:Eastern Venezuela

RE:RE:RE:RE:RE:RE:RE:Eastern VenezuelaHopefully these guys did their homework before venturing into this area. In any case, the TSX will need to approve the dealand hence if their are any sanctions issues it will be disclosed at that time - me thinks
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