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TG
World Energy is a Calgary-based, emerging, junior international
oil exploration company listed on the TSX Venture Exchange
- under the symbol "TGE"
The
company's major assets are: (1) an oil exploration project
in Niger, with substantial potential upside. The company
holds 20% of the Ténéré Block in
Niger through its wholly-owned, Bahamas registered subsidiary,
TG World Petroleum Limited; (2) a Joint Venture Agreement
with Alaska Venture Capital Group and subsidiary Brooks
Range Petroleum Corporation to farm in, to 25-35%, on
selected lands in the Alaska North Slope / Prudhoe Bay
area in an area of mutual interest.
The
Ténéré Block is operated by CNPC
International (Ténéré) Ltd., a
wholly owned subsidiary of the China National Overseas
Development Corporation, in turn a subsidiary of the
China National Petroleum Corporation (CNPC). The Alaska
lands are operated by Brooks Range Petroleum Corporation.
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