Business
GEOROX RESOURCES INC. - North Marine Block, Trinidad and Tobago
GEOROX RESOURCES INC. - North Marine Block, Trinidad and Tobago
About this update from Prospera Energy Inc.
[{"type":"text","content":"\n\n\n\n Dec. 10, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN\n THE UNITED STATES/\n\n\nKELOWNA, BC, Dec. 9 /CNW/ - Georox Resources Inc. ("Georox" or the "Company") (GXR:TSX-V; OF6A:FRA).  After discussions with officials of the\n Government of Trinidad and Tobago, management has concluded that there\n is no opportunity at present to finalize a production sharing contract\n on the North Marine Block.  The North Marine Block offered in the\n Government's recent Competition Bid Round is not subject to\n negotiations with any other party, and may become available in a future\n offering.\n\n\nManagement will continue to review opportunities for the Corporation in\n Trinidad and Tobago, as well as elsewhere.\n\n\nCAUTIONARY STATEMENT\n\n\nNeither the TSX Venture Exchange nor its Regulation Service Provider (as\n that term is defined in the policies of the TSX Venture Exchange)\n accepts responsibility for the adequacy or accuracy of this release.\n\n\nNo stock exchange, securities commission or other regulatory authority\n has approved nor disapproved the information contained herein.\n\n\n\n\n \nBurkhard Franz Georox Resources Inc. (250) 712-2213 or visit the Company's website at www.georoxresources.com\n\n","length":2638,"tagName":"div"}]