Latest Eurasia Energy Ltd (EUENF) Headlines E
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Posted On: 03/09/2014 7:07:00 PM
Latest Eurasia Energy Ltd (EUENF) Headlines
Eurasia Provides 2012 Year End Update
Marketwire - Tue Mar 05, 12:49PM CST
Eurasia Energy Limited ("Eurasia") (OTCQB: EUENF) provides the following update for its fiscal year ended December 31, 2012. Eurasia management believes that Eurasia has exhausted all currently available avenues for advancing its interest in the Alyat-Deniz Project in Azerbaijan. The Alyat Deniz Project was identified by management in 2005 and Eurasia signed a memorandum of understanding with SOCAR in December, 2005 to study and potentially earn the rights to advance development of the study area. Since first identifying the Alyat-Deniz Project Eurasia has faced competition on various fronts from more developed and well financed companies vying to establish or extend their oil and gas holdings in the region. Despite our management team's experience and past success in Azerbaijan and the inclusion of experienced and well financed participating partners we have not attained our goal and our company does not consider it prudent to continue to compete for this project. Management remains interested in developin
Eurasia Provides 2012 Year End Update
Marketwire - Tue Mar 05, 12:49PM CST
Eurasia Energy Limited ("Eurasia") (OTCQB: EUENF) provides the following update for its fiscal year ended December 31, 2012. Eurasia management believes that Eurasia has exhausted all currently available avenues for advancing its interest in the Alyat-Deniz Project in Azerbaijan. The Alyat Deniz Project was identified by management in 2005 and Eurasia signed a memorandum of understanding with SOCAR in December, 2005 to study and potentially earn the rights to advance development of the study area. Since first identifying the Alyat-Deniz Project Eurasia has faced competition on various fronts from more developed and well financed companies vying to establish or extend their oil and gas holdings in the region. Despite our management team's experience and past success in Azerbaijan and the inclusion of experienced and well financed participating partners we have not attained our goal and our company does not consider it prudent to continue to compete for this project. Management remains interested in developin
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