( TesfaNews) UK Firm to Explore Oil and Gas in Eritrea

From: Ibrahim Idris Suliman <eboeri30_at_gmail.com_at_dehai.org>
Date: Sun, 22 Feb 2015 03:32:24 -0700

http://www.tesfanews.net/uk-firm-to-explore-oil-and-gas-in-eritrea/#mwmxuQ3SwzO4AhXr.99

By *TesfaNews*,

*A group of* British businessmen led by former UK Conservative
Chairman *Michael
Howard* have arrived in Eritrea to explore investment opportunities in the
exploration of hydrocarbon and natural resource in the country.

The visit was followed soon after another UK-based exploration
and development company, Ortac
<http://www.tesfanews.net/ortac-resources-set-to-invest-in-highly-prospective-eritrean-projects/>
Resources
<http://www.tesfanews.net/ortac-resources-set-to-invest-in-highly-prospective-eritrean-projects/>,
announced an arrangement to acquire up to 42.2% of shares in UK-based
*Andiamo** Exploration*, which has a portfolio of advanced-stage high-grade
copper and gold projects in Eritrea.

Eritrea’s potential in natural resources – especially gold and base
metals – have been confirmed by a multitude of exploration and mining
companies that are currently operating in the country.

Ibrahim I. Suliman

Cyber Adal press & publishing
Received on Sun Feb 22 2015 - 05:32:27 EST