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Altenesol LNG Colombia S.A.S and Canacol Energy LTD Execute the Contract to Supply Natural Gas for Nataly 1
IAHL Corporation (Other OTC:IAHL) is pleased to announce that further negotiations of a previously announced letter of intent on October 10, 2012, between its wholly-owned subsidiary, Altenesol Colombia S.A.S. ("Altenesol"), and Geoproduction Oil and Gas Company of Colombia ("Geoproduction"), a wholly-owned subsidiary of Canacol Energy LTD (Canacol), (TSX:CNE) (BVC:CNEC) has resulted in a signed 15 year natural gas supply contract for the Nataly 1 LNG project in Colombia. The contract is for the supply of 17 million cubic feet per day (MMCFD) of natural gas at a price of US$4.90 per MCF agreed to by both parties with an annual price escalation of 2% commencing in the second year of production under the contract.

date.png14 Feb 2013 11:42 | comments.png 0 Comments | tags.png altenesol colombia lng s-america [ More ]

Shona Energy Company, Inc. Signs Letter of Intent to Supply Natural Gas to Altenesol LNG Colombia, S.A.S.
Shona Energy Company, Inc. (TSXV: SHO)("Shona" or the "Company"), today announced that its wholly-owned subsidiary, Geoproduction Oil and Gas Company of Colombia ("Geoproduction"), has signed a Letter of Intent ("LOI") with Altenesol LNG Colombia, S.A.S. ("Altenesol") to supply natural gas for Altenesol's Nataly I liquefied natural gas ("LNG") Project (the "Project"). Under the terms of the LOI, Geoproduction has agreed to enter into negotiations for a Definitive Agreement that will provide the following:

date.png11 Oct 2012 08:38 | comments.png 0 Comments | tags.png altenesol colombia lng s-america shona [ More ]
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