Comments
Niklas Bjorkman wrote: Firstly I agree with your conclusion. NewSQL takes the best of the traditional databases and NoSQL databases to combine the benefits of both worlds. I do not agree that NewSQL vendors focus on giving scale-out features to transactional data. The NewSQL market is focusing on giving true ACID support combined with extreme performance, stepping away from the traditional relational structures in databases. A lot of developers appreciate the ease of accessing data using SQL and I think we will see more and more databases supporting standard SQL. As you said - NewSQL databases often maintain the...
Cloud Expo on Google News

SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
Kilimanjaro Capital Ltd. Acquires Oil Rights to Cabinda Northeast Block

CALGARY, ALBERTA -- (Marketwire) -- 02/05/13 -- Kilimanjaro Capital Ltd., a private Canadian company, focusing on emerging nations in West Africa, has signed an Oil Assignment Agreement with the Republic of Cabinda and the Front for the Liberation of the State of Cabinda (FLEC). The license becomes fully active upon international recognition of the Republic of Cabinda.

The Assignment Agreement grants future rights to Cabinda's disputed Northeast Block. Angola's state owned Sonangol currently claims the concession however control of the countryside in the region has been contested between FLEC and the Angolan army for almost four decades. The Cabinda Northeast Block's hydrocarbon potential is currently unknown due to the proximity of FLEC's forward bases, dense vegetation and hilly terrain.

Cabinda is a former Portuguese Protectorate. In 1975, Cabinda attained independence but the oil rich territory was invaded by Angola and a 38 year struggle has ensued. Cabinda's current government of President Aphonse Massanga and Premier Dr. Joel Batila has focused on civil and political remedies. Dr. Batila will join the Kilimanjaro Capital Advisory Board. In 2012, the African Union's Banjul Commission at the request of FLEC took jurisdiction over disputed claims to Cabinda's dormant onshore resources including the Northeast Block.

Kilimanjaro Capital recently signed agreements for exclusive oil and minerals rights with the exile governments of Southern Cameroons and Biafra. Forest Gate Energy (TSX VENTURE:FGE) also has a 20% stake in Southern Cameroons.

CEO Zulfikar Rashid has indicated the Northeast Block acquisition completes Phase One of Kilimanjaro's portfolio which also includes the disputed Cabinda offshore blocks currently operated by Chevron. Kilimanjaro will now concentrate on development of its assets through strategic partnerships, assignments and joint ventures in order to maximize shareholder value.

Kilimanjaro Capitals' fast growth and emphasis on disputed properties has placed it in contention with majors like Chevron, Exxon-Mobil, and Royal Dutch Shell over the future rights to some of the most productive oil properties in the world.

Contacts:
Kilimanjaro Capital Ltd.
Zul Rashid, CEO
7015 Macleod Trail, South Suite 400
Calgary, Alberta, Canada, T2H 2K6
+1- 403-775-9908
info@kilimanjarocapital.ca

About Marketwire .
Copyright © 2009 Marketwire. All rights reserved. All the news releases provided by Market Wire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Cloud Developer Stories
Enterprises can't close their doors just because integration tools won't cope with the volume of information that their systems produce. As each day goes by, their information will become larger and more complicated, and enterprises must constantly struggle to manage the integra...
Cloud service providers store data all over the globe, and are constantly moving that data from one datacenter to the next for reasons as wide-ranging as cost considerations and redundancy requirements. Does this mean that the requirements outlined in varying data residency laws ...
In an ideal developer/systems administrator’s world, most applications would deploy seamlessly to multiple platforms and scale elastically with minimal effort bringing the unprecedented agility of the cloud within immediate reach of developer teams and IT organizations. OpenSta...
Companies around the world are moving into on-premise private cloud environments. Many connect their private cloud to their public cloud service providers. In his session at 12th Cloud Expo | Cloud Expo New York [June 10-13], Brian Patrick Donaghy will talk about examples of what...
Organizations across the world are increasingly starting to see the benefits of moving more and more services to the cloud. The focus on the cost-saving potential of cloud is rapidly shifting to completely transforming the business with cloud. As organizations are investing enorm...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021

SYS-CON Featured Whitepapers
ADS BY GOOGLE

Breaking Cloud Computing News

~ Australia an advanced data centre service market in APAC; revenues in excess of A$1.5 billion b...