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WEEM |
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John Weems has established himself nationally as an outstanding private studio teacher. The operator of the WEEM Concession is ESHPETCO, a joint company set up by EGPC, Coplex (Egypt) Limited ("Coplex") and Cabre. As announced April 16, an agreement has been entered into whereby a Cabre subsidiary will assign its 50 percent of WEEM and match working capital after all costs and liabilities, resulting in Cabre owning 50 percent of the issued shares of Naftex Energy Corporation, which in turn will own 100 percent of the WEEM concession. |
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