Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
https://globalarbitrationreview.com/article/1226020/georgia-declares-win-against-us-oil-company
okay so i can now access the website so not sure what happened earlier , yes tsbs it was on the GOGC website and their fb page
cant access FRR website either
well guys looks like its over ....
The Arbitration Tribunal has also accepted withdrawal of and dismissed the counterclaims filed by Frontera Resources Georgia Corporation and Frontera Resources US LLC. The award of the Arbitration Tribunal is final and binding on the parties, in accordance with its terms and the contract.
been a pleasure guys hopefully meet on another BB, its only money after all
Georgian Oil and Gas Corporation and State Oil and Gas Agency win lawsuit against Frontera
April 21, 2020
On April 17, 2020, the International Arbitration Tribunal, on the one hand, on the final disputes between JSC Georgian Oil and Gas Corporation and the State Oil and Gas Agency, and on the other hand between Frontera Risorz Georgia Corporation and Frontera USA. A decision was made to share the products of June 25, 1997 I. The distribution and study of the processing plant is based on the contract.
The Arbitration Tribunal supported the interpretation of the norms of the contract by JSC Georgian Oil and Gas Corporation and the State Agency for Oil and Gas LEPL and satisfied the absolute majority of their claims.
Among other things, the Arbitration Tribunal ruled that the Frontera Risorz Georgia Corporation had substantially violated the contract, which was a refusal to return the search area (99% of the entire licensed area) to the state.
According to the decision, Frontera was instructed to reimburse the fee paid by the JSC Georgian Oil and Gas Corporation for the use of natural resources and also to reimburse the plaintiffs for the costs of arbitration proceedings. The Arbitration Tribunal also upheld the claims of Frontera Riverside Georgia Corporation and Frontera USA and demanded that the proceedings be adjourned. According to the contract, the decision of the arbitral tribunal is final.
Currently, JSC Georgian Oil and Gas Corporation and LEPL State Oil and Gas Agency are considering further steps towards the implementation of the decision issued by the Arbitration Tribunal and the implementation of other rights granted by the contract.
#FronteraVSGogc
"Georgia's oil and gas company" has won against front front
? on April 17, 2020, International Derby Nature, on the one hand, the "Georgian oil and gas company" and oil and gas The final decision on the state agency, and on the other hand, the final decision on the issues of the state agency and "front" It has been released, which is due to the contract on the part of June 25, 25 production of June 1997, 25
?? the running tractor nature has supported the contract by "Georgian oil and gas corporate" and the state agency of oil and gas company The absolute majority of town and their floor needs were done
__
?? see in detail: https://bit.ly/2xPSUJg
no one has any idea what is going to happen here, the best source of information we have is past performance and it appears that Barclays recovers well and fairly quickly after a crash.
you forgot route to market Gipps ;) big tick there
Good news regarding the virus *
I do think it will drop more but I’m scooping up shares every time it drops further. The drop is wayyyyy over done, how can this loose 35% of its value in 18days .... recovery will hit hard once we get our first decent bit of good news
Odr - funny you mention Ukraine
The Dolphin gas field can be broken into several lots .
2 hours ago 2 2
The Dolphin offshore oil and gas field may be put up for competition by several lots to attract as many international companies as possible to gas production in Ukraine.
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Frontera Resources employees deny debt to Georgian residents
TBILISI, February 19, 2020, 11:27 - REGNUM A branch of the US oil and gas company Frontera Resources, operating in Georgia, has no wage arrears to its former employees. Such a statement was made on February 18 by the enterprise’s press service in connection with a protest rally on its territory in the city of Dedoplis-Tskaro.
“We urge the participants of today's uncoordinated action to act within the law. We are also contacting the relevant departments to ensure a safe working environment, ”said Frontera Resources.
It is worth noting that former employees of the American company are demanding the payment of wages, which, according to them, are indebted to Frontera Resources. They also demand the reinstatement of 84 employees who were fired for such demands.
https://regnum.ru/news/society/2862817.html
Former Frontera employees demand salary arrears
OWL OWL
4 hours ago
Frontera
Frontera
Former employees of the Frontera oil company held a protest rally demanding compensation for their salary arrears.
Dissatisfied gathered at Tbilisi State University with representatives of the United Trade Unions and industry organizations. Demonstrators staged a march to the central office of Frontera.
The demand of the participants of the action is to repay their salary arrears for 11 months and return them jobs. According to former Frontera employees, they were fired after December 17 last year and they demand that the company comply with Georgian labor laws.
Things must be wrapping up if FRR are now talking
What a way to start the week, Thank you looped
Archil Talakvadze: I am sure the US Congress is well aware of the dispute over the Frontera
Archil Talakvadze
Archil Talakvadze
Photo: Parliament of Georgia
"The oil and gas company Frontera Resources was not connected to the political process," Parliament Speaker Archil Talakvadze told the Chronicle.
He said the Frontera issue was one of the topics discussed during a meeting with congressmen in the United States. "At a meeting with congressmen, we had a conversation with the company Frontera, which was isolated in a letter sent by congressmen for the first time. This was evident in the meetings. The Frontera case is under discussion in Stockholm arbitration. Accordingly, we will not comment in advance as we are responsible. The fact is that arbitration is the truth and we respect this decision no matter what. Its connection to current political processes was not really right. I am sure that the Congress is well aware of the dispute over the Frontera, ”Talakvadze told the Chronicle.
Republican Congressman Marcouine Malin, in a letter sent to George Gakharia on January 19, is concerned "with Georgia's shifting democratic values ??and deteriorating economy." According to him, American and European business interests in Georgia were subject to harassment and assault - for example, the oil and gas company Frontera Resources, Texas.
Hogan Lovells, one of the world's largest international law firms, issued a statement on January 31, 2020, basing Frontera's allegations on the Georgian side.
Anne's recent comment on Georgia . The GG do not want to discourage investment from the like of BP
24.Jan .2020
Ann Davies, Director of BP Georgia declares, that there are several economic challenges in Georgia, so organizations like the EU-Georgia Business Council, is very important.
There can always be challenges that may be related to the political or macroeconomic situation in the country. We must work together to help the business environment in the country and enable them to grow
https://bm.ge/en/article/director-of-bp-georgia-there-are-several-economic-challenges-in-georgia/47620
Today I met with @GakhariaGiorgi, Prime Minister of Georgia. We discussed @GovernmentGeo’s economic priorities, especially increased investment and job creation. Important for countries like Georgia to continue on the path of democratic reform and private sector growth