GLOBALCONNECT ANNOUNCES FINAL EGYPT GOVERNMENT APPROVAL OF ITS ACQUISITION OF 25% PARTICIPATING INTREST IN THE EGYPT WESTERN DESERT ABU SENNAN CONCESSION

CAIRO, October 3rd, 2017—GlobalConnect Ltd. (“GlobalConnect”), a newly established Oil and Gas Exploration and Production company with focus on MENA (Middle East and North Africa) region, has announced the final approval of Egypt government of its acquisition of 25% (twenty five percent) Participating Interest in the Concession Agreement for the Petroleum Exploration and Exploitation [...]