2005/10/31 GEECF
Global Environmental
Energy Corp. (GEECF) and Sahara Petroleum Exploration Corp., to
form Joint Venture with Sinopec Subsidiary
http://biz.yahoo.com/prnews/051031/nym136.html?.v=23
Global Environmental
Energy Corp. (GEECF) today that with its subsidiary Sahara Petroleum
Exploration Corp., a
Corporation registered in the Commonwealth of the Bahamas
(SAHARA) and the Algerian company, Geoinvest Ltd., have entered into a Memorandum
of Understanding to form a joint venture, with Sinopec
Shengli Oilfield Co., Ltd., a wholly owned subsidiary of China
Petroleum and Chemical Corporation (Sinopec Corp.).
The joint venture is intended to develop three oil
and gas projects, at two locations in Algeria and one in
Mauritania. The
Shenzhen Branch of Yankuang Group Co. Ltd., is acting as the
liaison party between Global and Sinopec.
About Sinopec Shengli Oilfield Co., Ltd.
Sinopec Shengli
Oilfield Co., Ltd., a wholly owned subsidiary of China Petroleum
and Chemical Corporation (Sinopec Corp.), was established on the
basis of restructured oil and gas exploration and production
business of Shengli Oilfield on May 28, 2000. The company is
actively exploring oil and gas prospects in 28 counties in China.
The major area lies on both sides of the Yellow River Mouth in
Dongying, Shandong Province, including the Jiyang depression and
beach area, Changwei, Jiaolai and east part of Linqing
depressions in Shandong Province, and also Hefei Basin in Anhui
Province, Junggar Basin and Tarim Basin in Xinjiang Autonomous
Region, and east block of Liaodong in Bohai Bay.
In recent years, the company has been implementing risk
exploration abroad, and has won cooperative blocks in Iran,
Kazakhstan, Kirgyzstan and other counties. By the end of 2004.
Shengli Oilfield 勝利油田 中国山東省黄河下流流域の約30個の油田の総称。1962年,現在の東営市の近くの勝利村で初めて出油に成功して以来,今日まで油田発見が続いている。勝利油田の構成油田としては,孤島(最大),東辛,浜南,純化などがある。1984年の産油量は23百万トン(約440,000b/d)で,大慶油田に次いで中国第2位。油層は第三紀の沙河街層,館陶層の砂岩を主とするが,近年古生代の炭酸塩岩油層も見つかっている模様。勝利原油の性状は,比重24°API,硫黄分0.91%,流動点+27.5℃。 |
About the Yankuang Group
Co., Ltd.
Yankuang Group Co., Ltd., has assets of RMB 22.844 billion
(@USD$2.82 Billion United States Dollars) and more than 50
subsidiaries. The Yankuang Group is engaged in coal production
and sales, coal chemical, civil engineering, etc. with annual
total sales income of RMB 11.258 billion (@USD$1.39 Billion
United States Dollars). The Yankuang Group Co., Ltd.'s subsidiary
Yangzhou Coal Mining Company Limited is listed on the New York
Stock exchange, the Hong Kong Stock Exchange and Shanghai
Securities Exchange
About Sahara Petroleum Exploration Corp.
Sahara Petroleum Exploration Corp., was initially formed as a
subsidiary of Global Environmental Energy Corp, (GEECF). Sahara
Petroleum Exploration Corp., intends to become a fully reporting
and trading company in the future if accepted by the SEC and the
NASD for trading. Sahara Petroleum Exploration Corp., is becoming
a fully integrated energy company whose interests include
traditional oil and gas exploration and development.
About Global Environmental Energy Corp.
Global Environmental Energy Corp., is a Corporation registered in
the Commonwealth of the Bahamas and Publicly Traded on Stock
markets both in Germany and the United Sates (the Corporation).
Global Environmental Energy Corp., intends to become a fully
integrated energy company whose interests will include traditional oil
and gas and alternative energy sources, environmental
infrastructure and electrical micro-power generation. Global Environmental Energy
Corp.'s unique proprietary technology, EcoTechnology(TM), supplies energy through an
efficient and environmentally safe process. The Biosphere
Process(TM) System,
a central part of the EcoTechnology(TM) system, can safely and
efficiently processes traditional and non-traditional waste
materials into electricity and other beneficial by-products. The
Biosphere Process(TM) can assist in solving the global waste
problem by converting into clean, green electricity such waste
materials as: municipal solid waste (MSW), agricultural
surpluses, agricultural effluents, forestry wastes, sewage
sludge, medical waste, industrial wastes, flared natural gas,
shale oil, sour natural gas, high sulphur oils, waste bilge oil,
waste drilling muds and fluids; and many other traditional and
non-traditional waste materials. The company maintains a web site
at http://www.geecf.net
2005/11/3 GEECF
Biosphere Development
Corp., a Subsidiary of Global Environmental Energy Corp (GEECF),
Concludes First Chinese Biosphere Process(Tm) System Sale for
USD$8,500,000 浙江省安吉市
http://biz.yahoo.com/prnews/051103/nyth102.html?.v=32
Global Environmental
Energy Corp. (GEECF) confirmed today that its subsidiary,
Biosphere Development Corp., has concluded its first Chinese
Biosphere Process(TM) System sale for USD$8,500,000. The system
is being delivered to the City of An Ji in Zheijiang Province.
Biosphere (Asia Pacific) Company Limited (ASIA PACIFIC) and the
City of An Ji, have agreed that the city of An Ji will build a
Biosphere Process(TM) System for municipal solid waste treatment
and electricity generation. ASIA PACIFIC and the city of An Ji
are now forming a local operating company in An Ji to develop the
project.
This contract has been greatly advanced by the China
Environmental Protection Industry Associations' approval of the
Biosphere Process(TM) System for use in China. ASIA PACIFIC have
confirmed that a licensing fee of USD$50,000 has already been
received for this first Biosphere Process(TM) System. The system
has been sold at a price of USD$8,500,000 which is payable upon
delivery of the system which has been manufactured by Biosphere
and is being imported to China by ASIA PACIFIC. This first
Biosphere Process(TM) System is expected to arrive in China
within 8 weeks. Additional Biosphere Process(TM) Systems' for An
Ji will be manufactured in China by International Environmental
Energy Corporation (IEEC).
ASIA PACIFIC is owned 49% by the Shenzhen Rayes Group Co., Ltd.,
and 51% by Biosphere. Biosphere owns 70% of IEEC. The Shenzhen
Branch of Yankuang Group Co., Ltd., owns 30% of IEEC.
The Shenzhen Branch of Yankuang Group Co., Ltd., is investing
USD$4.5 million (Approx. RMB 36.5 million) in cash to capitalize
IEEC and will hold 30% of the equity shares of IEEC. Biosphere
has invested 13,125,000 shares of Global with an agreed value of
USD$13.125 million (Approx. RMB106.3Million) in IEEC.
About An Ji.
An Ji located in northwestern Zhejiang Province is renowned for
its beautiful environment with flourishing bamboo forests and
clear streams. An Ji is synonymous with bamboo, containing as it
does 60,000 hectares of bamboo groves. An Ji has taken the
sustainable development road by developing ecology-friendly
agriculture, industry and tourism, and building an
ecology-friendly county. An Ji produces 12 million commercial
bamboo poles annually, ranking the first nationwide. It also has
China's largest bamboo nursery. The An Ji Bamboo Garden is
acknowledged by scholars within and outside China as containing
the widest variety of bamboo. In 2004, An Ji received 2.02
million tourists, earning it 544 million Chinese Yuan, which made
up 7.8 percent of the county's GDP.