EGYH News $EGYH Energy Holdings International,
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Posted On: 11/06/2014 7:16:02 PM
EGYH News $EGYH
Energy Holdings International, Inc. (EGYH) Enters Into A Joint Venture With Rasan Energy Holding Company (K.S.C.) Of Kuwait With Initial Investment Fund Of $60 Million USD To Acquire North America Proven Oil And Gas Assets And To Increase The Extraction Of Shale Oil And Gas From Oil Reserves In The US
PR Newswire - Wed Nov 05, 8:06AM CST
Energy Holdings International, Inc. and Rasan Energy Holding Company signed the joint venture on 15 October 2014 in Dubai, UAE whereby Rasan will provide $60 million USD equity investment funds for the acquisition of proven oil and gas properties in the United States and Canada. The joint venture will be owned 50/50 between Energy Holdings International, Inc. and Rasan Energy Holding and will be jointly owned and operated via a new holding company "Energy Vest 1".
FSLR: 56.41 (+0.15)
Energy Holdings International, Inc. (EGYH) Enters Into A Joint Venture With Rasan Energy Holding Company (K.S.C.) Of Kuwait With Initial Investment Fund Of $60 Million USD To Acquire North America Proven Oil And Gas Assets And To Increase The Extraction Of Shale Oil And Gas From Oil Reserves In The US
PR Newswire - Wed Nov 05, 8:06AM CST
Energy Holdings International, Inc. and Rasan Energy Holding Company signed the joint venture on 15 October 2014 in Dubai, UAE whereby Rasan will provide $60 million USD equity investment funds for the acquisition of proven oil and gas properties in the United States and Canada. The joint venture will be owned 50/50 between Energy Holdings International, Inc. and Rasan Energy Holding and will be jointly owned and operated via a new holding company "Energy Vest 1".
FSLR: 56.41 (+0.15)
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