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GOSL

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AcronymDefinition
GOSLGovernment of Sri Lanka
GOSLGovernment of St. Lucia
GOSLGauge on Outstanding Leg (steel shop drawings)


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In late 2003 GOSL acquired 100% of the Contractor Share in the Project pursuant to an assignment agreement (the "Agreement") with National Petroleum Limited ("NPL"), a Swiss company, who held the contractor's interest in the Project at that time.
CanArgo Energy Corporation: Samgori Project Update by Business Wire
Under the terms of the agreement with GOSL, CanArgo may proceed with these activities on a sole-risk basis, retaining the Contractor's entire share of production from such activities, and with GOSL being required to pay a 500% penalty to take back their interest.
CanArgo Energy Corporation: AGM Update by Business Wire
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