DUBAI, UNITED ARAB EMIRATES--(NewMediaWire - Feb 23, 2017)
- Global Equity International,
Inc. (OTCQB: GEQU)
and its fully-owned subsidiaries GEP Equity Holdings
Limited and Global Equity Partners
Plc. ("GEP" - www.gepartnersplc.com), a specialist consultancy
firm with offices located in Dubai and London, are extremely
excited to announce a newly signed consultancy agreement with
Blackstone Natural Resources SA ("Blackstone").
Blackstone Natural Resources SA, through its subsidiary
Blackstone Energy (BVI), is an upstream Exploration and Production
(E&P) company focused on acquiring and developing distressed
Oil and Gas assets in the Americas. The company's initial
efforts are located in Colombia, Argentina and the Gulf of Mexico
region. Currently, Blackstone has 18 blocks in three countries
on contract or under evaluation covering 1.5 million acres of land
with proven and probable reserves of 340+ million barrels of oil
and original oil in place of 3.5+ billion barrels. The current
cumulative production is circa 23,000 barrels per day, expanding to
more than 50,000 barrels per day over 5 years. Blackstone's
financial forecasts depict a 5 year cumulative of US$4.4 billion in
revenues and US$1.7 billion EBITDA.
GEP have been mandated to assist with raising up to, but not
limited to, US$151,500,000 for growth, expansion and acquisition.
GEP have agreed a monthly cash retainer and also cash and
equity success fees. Finally, GEP have been granted the right of
first refusal to assist with a public IPO of Blackstone when the
time it right.
Blackstone's management team will be joining GEP, in particular
Mr. Patrick Dolan - Director of Global Equity International Inc.,
at the MEPEX Forum (in the Kingdom of Bahrain) on March 6th to
March 9th where they will have the opportunity to present their
E&P project to 25+ Oil and Gas investors and institutions that
have confirmed their attendance.
Patrick Dolan, Director of Global Equity International
Inc. said, "We are delighted to have secured
Blackstone Natural Resources (BNR) as our client given the current
considerable uplift in investor sentiment for the Resource Sector
in general which shows no sign of abating. This is reflected in the
significant interest already being shown in BNR by Oil & Gas
investors who will be attending the MEOS 2017 Oil & Gas
conference in Bahrain from March 6th to March 9th. MEPEX, one of
our close partners and organisers of MEOS 201, have already secured
direct meetings for BNR with their Oil & Gas investment
partners for the 5th March in advance of the conference and BNR's
group presentation to the investor forum on Monday, March 6th. The
pre-conference presentations with investors will take place at
MEPEX's offices in Bahrain. Following the conference in Bahrain,
BNR will then present to additional investors from the UAE in GEP's
offices in Dubai. BNR will be presenting to more than 30 Middle
East investors in Bahrain and Dubai between the March 6th and March
13th. All the presentations will be to investors whose focus and
appetite is mainly Oil & Gas."
Demetrius Maxey, CEO of Blackstone Natural Resources SA
said, "Blackstone is truly pleased to announce our
engagement with Global Equity Partners to assist us in raising
capital for our Exploration and Production efforts in the
Americas. They have a fantastic team of professionals and a
vast global network. We also look forward to joining the
Global Equity Team at the MEPEX Forum in Bahrain next
month. Now is the time when savvy investors re-enter the
market and create great value for themselves and their
shareholders."
About Global Equity International Inc. and
Subsidiaries
Global Equity International Inc., through its wholly-owned
subsidiaries GEP Equity Holdings Limited and Global Equity Partners
Plc., advises worldwide business leaders with their most critical
decisions and opportunities pertaining to growth, capital needs,
structure and the development of a global presence. With offices in
Dubai and London, Global Equity has developed significant
relationships in the US, UK, Central Europe, the Middle East and
South East Asia to assist clients in realising their full value and
potential by bringing them to external capital and resources that
place an emphasis on collaborative thinking. Furthermore, because
Global Equity has offices in key financial centres of the world,
they are able to introduce their clients to a unique opportunity of
listing their shares on any one of the many stock exchanges
worldwide.
Safe Harbour Statement
This press release may include forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995, including statements related to anticipated revenues,
expenses, earnings, operating cash flows, the outlook for markets
and the demand for products. Forward-looking statements are no
guarantees of future performance and are inherently subject to
uncertainties and other factors which could cause actual results to
differ materially from the forward-looking statements. Such
statements are based upon, among other things, assumptions made by,
and information currently available to, management, including
management's own knowledge and assessment of the Company's industry
and competition. The Company refers interested persons to its most
recent Annual Report on Form 10-K and its other SEC filings for a
description of additional uncertainties and factors, which may
affect forward-looking statements. The company assumes no duty to
update its forward-looking statements.
