Lake Maracaibo has thousands of active wells, and every one of them depends on marine support: towing, barge positioning, equipment and supply runs, and offshore lifting. These are the services we're preparing to deliver. More to come. $UGIZ
Experience on the water matters. Javier has spent decades in Venezuelan oilfield operations and he knows what it takes to work safely and efficiently on Lake Maracaibo. We are building our marine and well-services capability with that same discipline. Stay tuned $UGIZ
$UGIZ CEO Javier Sanguino García on the docks in Maracaibo, looking at the type of marine equipment that keeps Lake Maracaibo's oilfields running: tugs, utility vessels and deck-crane workboats.This is the backbone of operations on the lake, and it's where we see real opportunity
$UGIZ | Meet our CEO, Javier Sanguino García. 🇺🇸🇻🇪
A civil engineer and former CEO of Sepesa in Venezuela, Javier brings 30+ years in the energy sector, with expertise in drilling, well completions, workovers, and well reconditioning.
Welcome aboard, Javier.
It’s official the deal is complete
$UGIZ
To read the exciting news use this link:
newmediawire.com/news/gbs-ca…
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📣 $UGIZ | THE DEAL IS OFFICIALLY CLOSED.
Tomorrow, Friday, Nov. 6, at 8:00 a.m. EST, our press release crosses the wire with the full announcement.
Thank you for your patience. Our next chapter starts in Venezuela’s energy sector. Stay tuned for more details.
Lake Maracaibo is one of the most important oil regions in the world, and we expect it to be one of our key areas of operation. The groundwork is being laid now. We're building this the right way, and we're in it for the long run. $UGIZ
we’re hitting the ground running: Javier Sanguino has been traveling back & forth to Venezuela, laying the groundwork for our operations. His decades of experience in the Venezuelan oilfield & his relationships on the ground are a real advantage. More to share in due course $UGIZ
$UGIZ Patience is a virtue and our shareholders have shown plenty of it. Thank you. The UGIZ transaction remains firmly on track, most open items have been resolved, and we're working through the final steps. We'll announce as soon as it's formally done. Almost there.
$UGIZ Transaction Update:
We recognize shareholders’ concerns regarding the time required to finalize the proposed acquisition of control of UGIZ by GBS Capital and/or its affiliates, with the objective of establishing an oil & gas services business focused on Venezuela….,
HISTORIC ENERGY NEWS 🛢️🇺🇸 $UGIZ
The first shipment from the landmark Venezuela oil agreement has arrived in Corpus Christi, Texas—opening access to more than 65 billion barrels while strengthening U.S. refining capacity and domestic energy supply instagram.com/p/DfAsBnfmzWW/…
Deal w/GBS Capital will 100% get done.Waiting on attorney to send modifications Preferred Share structure & file w/Delaware.We anticipate that happening today,close soon after.Debt Agreements signed $.01 Lots of positive news to come delays suck for everyone except buyers $UGIZ
Another big step to finalize the deal. The “DEBT SATISFACTION AND SHARE EXCHANGE AGREEMENT” has been sent to the debt holders. Most have already signed and returned.
GBS Capital has agreed to all terms anticipated sign off and close this week.
More news out tmrw.
$UGIZ
The Final Agreement has been sent to all parties involved. Everything was agreed upon in the LOI, needs final review by both companies and signatures to close. Will be an exciting 4th quarter, completely new company, new management, lots of exciting news & press to come. $UGIZ
Final negotiations of the acquisition agreement are almost done
GBS Capital will officially take over $UGIZ when agreement is signed
Working on settling out with all debt holders
$10 million revenue company
Huge 4th quarter
#Venezuela #Energy #UGIZ
GBS Capital’s attorney will have the final agreement this week. New company new, new direction new management team.
$UGIZ is positioning itself for this next chapter. We may be witnessing the start of one of the world’s most significant energy opportunities.
Stay tuned. 🔥
The Venezuelan oil rush is accelerating as Exxon reportedly nears a preliminary investment deal. $UGIZ is positioning itself for this historic energy opportunity. 🇺🇸🇻🇪
Attorneys are working on the final agreement for GBS Capital to purchase controlling interest of $UGIZ New Company all New Management no food no water
GBS is evaluating equipment-supply North American Blue Energy Partners major oil-&-gas operator expanding across Venezuela ⬇️
Trump announces 'biggest oil deal in world history' with Venezuela. $UGIZ
