ZMM 15.8% 1.6¢ zimi limited

japan and seychelles set to enter new era, page-13

  1. 267 Posts.

    Our partner has NOT changed. They ARE European. On a side note it's great that other countries are looking for a piece of the Seychelles action, great exposure....

    Below are comments from the Company (Rig Magazine article)

    .....That high quality work was recognised when
    the company produced a “ground-breaking”
    presentation that concluded that the Seychelles
    was most likely to be oil prone at a major oil and gas
    conference in Cape Town and industry presentation
    in London during October 2012.

    Among the attendees at that presentation was a
    major European petroleum company which had
    a particular interest in increasing its already
    significant position in Africa.

    In-depth discussions began almost immediately
    with the yet-to-be-named company, leading to
    WHL Energy announcing on March 25, 2013 that it
    had executed a non-binding Letter of Intent (LOI)
    with the potential farminee for WHL Energy’s
    Seychelles Project.......
 
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