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Message: Vangold's oil

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kentw007

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Vangold's oil

posted on Mar 28, 08 08:29AM

this could be big...

CEO of Vangold states: "I am very pleased with this acquisition on two fronts. These particular concessions encompass half of Armenia and are adjacent to Iran, Azerbaijan and Georgia, all countries with very extensive oil and gas resources. We believe a similar potential exists in southern Armenia. We are very pleased to have aligned ourselves with executive oil and gas experts from Blackstairs who have extensive exploration and development experience in both Armenia and in east Africa. We look forward to working closely with Mr. Sheehan and his crew not only in Armenia but also in Rwanda and Kenya. The addition of the Armenian sedimentary basin brings Vangold's oil and gas concessions in east Africa and Armenia to a total of 45,200 sq kms."

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