Oil Company Transfer Contract Authorized

The transfer is of 90% of the rights and obligations of the Contract for Production Sharing Number 4-93.

"This transfer of rights was agreed on December 20th at the offices of notary Morales Luis Fernando Pinzon, according to the official daily publication.

Ceiba Oil is a subsidiary of the Canadian company Trinity Oil Plumas Capital Corp. and is exploring the area A-2-92, in southern Petén", published Elperiodico.com.gt

Source: elperiodico.com.gt

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