U.S. investment funds venture into Venezuelan oil

GAGE VENEZUELA HOLDINGS LLC (“GAGE”), a recently created partnership between Amos Global Energy Management LLC (“AGE”) and Gramercy Funds Management LLC (“Gramercy”) announced today that it has entered into a joint venture with Inepetrol, S.A., a subsidiary of Inelectra S.A. (“Inelectra”).  The joint venture would seek to target and develop oil and gas interests in the Gulf of Paria area offshore Venezuela by participating in Empresas Mixtas Petro Güiria and Petro Paria. Full Text -> PRNews

Traducción de cortesía -> GAGE VENEZUELA HOLDINGS LLC (“GAGE”), una sociedad recientemente creada entre Amos Global Energy Management LLC (“AGE”) y Gramercy Funds Management LLC (“Gramercy”) anunció hoy que ha entrado en una empresa conjunta con Inepetrol, S.A., una subsidiaria de Inelectra S.A. (“Inelectra”). La empresa conjunta buscaría apuntar y desarrollar intereses de petróleo y gas en el área del Golfo de Paria en alta mar en Venezuela participando en Empresas Mixtas Petro Güiria y Petro Paria.

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