DUBAI, UNITED ARAB EMIRATES--(NewMediaWire - Apr 14, 2016)
- Global Equity International,
Inc. (OTCQB: GEQU) and its fully-owned
subsidiary Global Equity Partners
Plc. ("GEP" - www.gepartnersplc.com), a specialist
consultancy firm with offices located in Dubai and London, are
extremely excited to announce that on April 10,
2016, Deutsche Oel & Gas
SA (www.deutsche-oel-gas.com/), a producing Oil and
Gas company with offices in Germany and various other parts of the
world, engaged our professional services to assist with sourcing up
to US$230 million of capital funding. This funding will allow the
company to increase its existing production and also realize
additional substantial value in its South Alaskan assets.
Global Equity Partners Plc. have agreed with Deutsche Oel &
Gas, a cash success fee between 4% and 5% of the total capital
funding sourced.
Partick Dolan, Managing Director of Global Equity
International Inc., said, "We are delighted to
announce our first German client through our recently contracted
representation in Frankfurt (Germany). Deutsche Oel & Gas SA
are a formidable resource company, producing substantial amounts of
gas focused on the Cook inlet basin in South Alaska. The company is
driven by a highly experienced and skillful management team. The
majority of their producing assets are in an 83,000-acre site
called the 'Kitchen Lights Unit.' With a very significant
investment already injected into the company, infrastructure has
been in place since October of 2015 and sustained production
started in November of 2015. Deutsche Oel & Gas is currently
the lone operator in the 'Kitchen Lights Unit' with the largest
contiguous extraction zone in the Cook Inlet. Natural gas
production is already underway and huge gas and oil reserves have
been identified and substantiated by independent
specialists."
Peter Smith, CEO of Global Equity International Inc.,
said, "Prior to signing the agreement with
Deutsche Oel & Gas, we investigated the possibility of such a
raise through our own corporate finance division and also through
our partnerships in Dubai and Asia. The proposition was well
received, giving both GEP and our client confidence of execution of
this agreement which will allow Deutsche Oel & Gas to further
develop its unique fields and its unique offtake agreements that
are already in place."
Interesting videos regarding Deutsche Oel & Gas
SA.
https://www.youtube.com/channel/UCLSvktt5-XFOJHcD4EzrfCQ
About Global Equity International Inc.
Global Equity International Inc., through its wholly-owned
subsidiary 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 realizing 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. Global
Equity International Inc., through its wholly-owned subsidiary
Global Equity Partners Plc., holds significant long-term equity
positions in the companies that it represents.
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.