CVI cvi energy corporation limited

underwriting facility, page-60

  1. 2,527 Posts.
    Xan, one would presume the 100m is purely for the Kwanza permits, based on this statement:

    CityView Corporation Limited (“CityView”) was notified on December 5, 2007 by its Angolan Co-venturer Nexoil Holding Group SA (“Nexoil”), that Sonangol, the State Oil Company of Angola, had advised them that a prerequisite for the grant of the designated Concessional onshore acreage in the Kwanza Basin, was that funding of US$100 million had to be available to the Nexoil/CityView/Energy Africa Joint Venture (“the Joint Venture”).
 
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