SMVR .002s SMART VENTURES SUBSIDIARY THE SANDAY CORPORATION DRILLING CONTRACT FOR BP IN AZERBAIJAN THROUGH MERLIN ERD
Aug 15, 2014
OTC Disclosure & News Service
Houston, TX -
Smart Ventures, Inc. is pleased to report its participation in drilling for BP in Azerbaijan through Merlin ERD. Azeri-Chirag-Deepwater Gunashli (ACG) field located about 100km east of Baku is the largest oilfield in the Azerbaijan sector of the Caspian basin.
This year Azerbaijan and BP together with its co-ventures are celebrating 20th anniversary of “Contract of the Century”. 20 years is a period long enough to summarize the achievements of our successful partnership.
The Agreement signed in September 20, 1994 in Baku by the Government of Azerbaijan and international oil companies representing six countries has embarked on a new oil strategy, the implementation of which has created a rapid period of development and the transformation of the country into a major global energy supplier changing the energy map of Europe was a starting point of development of ACG.
The field is operated by BP on behalf of the Azerbaijan International Operating Company (AIOC). AIOC formed in February 1995 comprises nine partner companies and includes BP as the largest single shareholder.
Located about 100 km east of Baku ACG is a complex of 6 production platforms: Chirag 1, Central Azeri, West Azeri, East Azeri, Deepwater Gunashli, West Chirag and 2 process, gas compression, water injection and utilities (PCWU) platforms equipped with latest technologies. A sophisticated web of subsea pipelines was laid at the bottom of the Caspian Sea to transport oil from offshore to Sangachal Terminal one of the biggest and most efficient terminals in the world, which can receive and process up to 1.2 million barrels of oil per day.
“We believe our fellow stakeholders are best in class through recognizing the value of holding long as we grow the company”, says CEO Roger Smith.
About Smart Ventures
Smart Ventures, Inc. is an independent energy company engaged in engineering extended reach drilling services, acquisition, development, production, and exploration of oil, gas and minerals internationally. We also formed a midstream transportation division with a fleet of trucks. We began to offer a diverse range of armored vehicles which compliments our midstream transportation division. www.sandaydrilling.com www.smartventuresinc.us
About Cannabis Funding Group
Cannabis Funding Group, Inc. a Colorado corporation is a wholly owned subsidiary of Smart Ventures, Inc. Cannabis Funding Group, LP is a Texas Limited Partnership. CFG is a strategic investment partner for entrepreneurs in a diversified range of cannabis related businesses. www.cannabisfundinggrouplp.com
Total shares authorized:1,500,000,000as of:8/03/14
Total shares outstanding:1,244,680,000as of:8/03/14 Roger AT Smith owns 400,200,000 common shares which is greater than 10% of the company outstanding
shares of common stock. The shareholder’s address: 1907 Woerner Rd, Houston, TX. 77090. Edith Smith owns
400,200,000 common shares which is greater than 10% of the outstanding common shares of the company. The
shareholder’s address: 1907 Woerner Rd, Houston, TX. 77090.
FLOAT 444,280,000 filing today http://www.otcmarkets.com/financialReportView...;id=125075
Aug 15, 2014
OTC Disclosure & News Service
Houston, TX -
Smart Ventures, Inc. is pleased to report its participation in drilling for BP in Azerbaijan through Merlin ERD. Azeri-Chirag-Deepwater Gunashli (ACG) field located about 100km east of Baku is the largest oilfield in the Azerbaijan sector of the Caspian basin.
This year Azerbaijan and BP together with its co-ventures are celebrating 20th anniversary of “Contract of the Century”. 20 years is a period long enough to summarize the achievements of our successful partnership.
The Agreement signed in September 20, 1994 in Baku by the Government of Azerbaijan and international oil companies representing six countries has embarked on a new oil strategy, the implementation of which has created a rapid period of development and the transformation of the country into a major global energy supplier changing the energy map of Europe was a starting point of development of ACG.
The field is operated by BP on behalf of the Azerbaijan International Operating Company (AIOC). AIOC formed in February 1995 comprises nine partner companies and includes BP as the largest single shareholder.
Located about 100 km east of Baku ACG is a complex of 6 production platforms: Chirag 1, Central Azeri, West Azeri, East Azeri, Deepwater Gunashli, West Chirag and 2 process, gas compression, water injection and utilities (PCWU) platforms equipped with latest technologies. A sophisticated web of subsea pipelines was laid at the bottom of the Caspian Sea to transport oil from offshore to Sangachal Terminal one of the biggest and most efficient terminals in the world, which can receive and process up to 1.2 million barrels of oil per day.
“We believe our fellow stakeholders are best in class through recognizing the value of holding long as we grow the company”, says CEO Roger Smith.
About Smart Ventures
Smart Ventures, Inc. is an independent energy company engaged in engineering extended reach drilling services, acquisition, development, production, and exploration of oil, gas and minerals internationally. We also formed a midstream transportation division with a fleet of trucks. We began to offer a diverse range of armored vehicles which compliments our midstream transportation division. www.sandaydrilling.com www.smartventuresinc.us
About Cannabis Funding Group
Cannabis Funding Group, Inc. a Colorado corporation is a wholly owned subsidiary of Smart Ventures, Inc. Cannabis Funding Group, LP is a Texas Limited Partnership. CFG is a strategic investment partner for entrepreneurs in a diversified range of cannabis related businesses. www.cannabisfundinggrouplp.com
Total shares authorized:1,500,000,000as of:8/03/14
Total shares outstanding:1,244,680,000as of:8/03/14 Roger AT Smith owns 400,200,000 common shares which is greater than 10% of the company outstanding
shares of common stock. The shareholder’s address: 1907 Woerner Rd, Houston, TX. 77090. Edith Smith owns
400,200,000 common shares which is greater than 10% of the outstanding common shares of the company. The
shareholder’s address: 1907 Woerner Rd, Houston, TX. 77090.
FLOAT 444,280,000 filing today http://www.otcmarkets.com/financialReportView...;id=125075
