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Dove Energy Group Limited (‘DEG’), an independent oil and gas producing company, announces that it was incorporated in the Dubai International Financial Centre (DIFC) on 22nd January, 2009, under Commercial License Number CL0783.
The new company, the first oil company to incorporate its headquarters in the DIFC, has chosen the DIFC in order to position itself at the hub of the world’s remaining oil and gas reserves, and to provide a vehicle to expand its activities throughout the Middle East and North Africa region.
DEG’s Chief Executive Officer, Mr Philip Maxwell, explained that the company is an opportunistic investor in both oil & gas exploration and producing assets that have the potential to create long-term value through appropriate investment in technology, good operational management, and efficiency improvements. DEG has a track record of cost-effective oil production in Yemen, and of developing good relationships with local partners in each country in which it invests. Its team in the DIFC will provide active oversight of new opportunities critical to long-term value creation, together with strategic and operational guidance to Group companies operating individual oil production assets.
Press & Investor Information For further details about Dove Energy Group Limited, contact :
Philip Maxwell Chief Executive Officer
Telephone: +9714 701 7728 Email: info@doveenergygroup.com
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