GEOROX RESOURCES INC. - North Marine Block, Trinidad and Tobago
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
KELOWNA, BC, Dec. 9 /CNW/ - Georox Resources Inc. ("Georox" or the "Company") (GXR:TSX-V; OF6A:FRA). After discussions with officials of the Government of Trinidad and Tobago, management has concluded that there is no opportunity at present to finalize a production sharing contract on the North Marine Block. The North Marine Block offered in the Government's recent Competition Bid Round is not subject to negotiations with any other party, and may become available in a future offering.
Management will continue to review opportunities for the Corporation in Trinidad and Tobago, as well as elsewhere.
CAUTIONARY STATEMENT
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
No stock exchange, securities commission or other regulatory authority has approved nor disapproved the information contained herein.
For further information:
Burkhard Franz
Georox Resources Inc.
(250) 712-2213 or visit the Company's website at www.georoxresources.com
Share this article