First Sahara Energy announced today that it has been invited to a meeting by ONHYM, Morocco's Ministry of Energy & Mines, to finalize a contract for an oil and gas Reconnaissance License on an expansive property called the Beni Znassen Block. The meeting is scheduled to take within the next few weeks in Rabat, the capital of Morocco, and is [...]
First Sahara Energy reports that over the past few months, the Company's management and technical consultants have been involved in ongoing discussions with officials in ONHYM, Morocco's Ministry of Energy & Mines. These interactions have included three visits to Morocco and extended meetings with ONHYM's technical team, culminating in an in-depth [...]
PetroWorth Resources is pleased to announce that it has amended its articles of incorporation to change its name to First Sahara Energy and to consolidate its common shares on a ten-for-one basis. First Sahara also adopted a new general by-law, as described in the information circular filed under PetroWorth's SEDAR profile on June 4, 2013. Holders [...]
PetroWorth Resources announced today that all of the proposed resolutions were approved at the Company's Annual General Meeting (AGM) and Special Shareholders Meeting yesterday. The approved resolutions include: The consolidation of the Company's issued and outstanding shares on the basis of one new share for ten existing shares.
Giant Exploration and PetroWorth are pleased to announce the entering into of a claims purchase agreement dated May 24, 2013 between the two companies pursuant to which PetroWorth has agreed to purchase from Giant 695 mineral claims located in the Province of Québec, representing all or substantially all of the assets of Giant, in exchange for the [...]