SOURCE: Global Equity International Inc.

Global Equity International Inc.

April 20, 2016 10:44 ET

Global Equity Partners Plc. Appoints Sov Gulf Partners Limited to Assist With the Funding Requirements of Deutsche Oel & Gas S.A.

DUBAI, UNITED ARAB EMIRATES--(Marketwired - Apr 20, 2016) - Global Equity International Inc. (OTCQB: GEQU) and its fully-owned subsidiary Global Equity Partners Plc. ("GEP" - www.gepartnersplc.com), a specialist consultancy firm with offices located in Dubai and London, are excited to announce that Sov Gulf Partners Limited (www.sovereigngulf.com), a leading advisory and corporate finance firm based in Dubai, were formally appointed by GEP to assist with sourcing up to US$230 million of capital funding for its client Deutsche Oel & Gas S.A. (www.deutsche-oel-gas.com/), a producing Oil and Gas company with offices in Germany and various other parts of the world.

The capital funding required by our client, Deutsche Oel & Gas S.A., will allow the company to increase its already existing production and also realize substantial value in its South Alaskan assets located in the Cook Inlet.

On April 10, 2016, Global Equity Partners Plc. was formally engaged and contractually agreed with Deutsche Oel & Gas S.A., a cash success fee between 4% and 5% of the total capital funding sourced.

Peter Smith, CEO of Global Equity International Inc., said, "We looked for a substantial partner for this transaction in order to be able to source the funding in a timely manner and work efficiently. Deutsche Oel & Gas SA is a gas producing company who receive much higher tariffs from the Alaskan energy utility companies via a contractual arrangement that came into force in 2015. The tariff received is multiple times higher than the standard gas price making this a very commercially viable project. In engaging with Sov Gulf Partners we have included one of our premier partners who have an excellent pedigree in structured finance. This joint venture operation should see us accelerating the time from contract to close to the satisfaction of all involved."

Interesting videos and information regarding Deutsche Oel & Gas SA.
https://www.youtube.com/channel/UCLSvktt5-XFOJHcD4EzrfCQ

About Global Equity International Inc.

Global Equity International Inc., through its wholly-owned subsidiary Global Equity Partners Plc., advises worldwide business leaders with their most critical decisions and opportunities pertaining to growth, capital needs, structure and the development of a global presence. With offices in Dubai and London, Global Equity has developed significant relationships in the US, UK, Central Europe, the Middle East and South East Asia to assist clients in realizing their full value and potential by bringing them to external capital and resources that place an emphasis on collaborative thinking. Furthermore, because Global Equity has offices in key financial centres of the world, they are able to introduce their clients to a unique opportunity of listing their shares on any one of the many stock exchanges worldwide. Global Equity International Inc., through its wholly-owned subsidiary Global Equity Partners Plc., holds significant long-term equity positions in the companies that it represents.

About Sov Gulf Partners Limited.
The Company's principals have over 25 years' experience in Investment Banking and have built divisions for major banks. Their expertise covers international markets such as the United Kingdom, US, Europe, Japan, the Middle East as well as Emerging Markets.

Sov Gulf Partners Limited advises international clients that are seeking capital, to tailor their offering to fit with the requirements of institutional investors.

Safe Harbour Statement

This press release may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to anticipated revenues, expenses, earnings, operating cash flows, the outlook for markets and the demand for products. Forward-looking statements are no guarantees of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statements. Such statements are based upon, among other things, assumptions made by, and information currently available to, management, including management's own knowledge and assessment of the Company's industry and competition. The Company refers interested persons to its most recent Annual Report on Form 10-K and its other SEC filings for a description of additional uncertainties and factors, which may affect forward-looking statements. The company assumes no duty to update its forward-looking statements.

Contact Information

  • Mr. Peter James Smith
    Director and officer of Global Equity International Inc.
    Tel. (Dubai) + 971 (0) 42 76 75 76
    Email: peter@gepartnersplc.com

    Mr. Enzo Taddei
    Director and officer of Global Equity International Inc.
    Tel. (US) + 1 (321) 200-0142
    Email: enzo@gepartnersplc.com