Savoy Energy Corporation announced this morning that its representatives and its joint venture, Savoy-Masi Petroleum Corporation Limited, met with The Republic of Fiji Islands Ministry of Lands & Mineral Resources’ Netani Sukanaivalu. Topics discussed included stimulating Fiji’s economy through Oil exploration licenses, recompletion, and work-over activities of previously drilled wells.
According to the press release, Fiji Islands Trade and Investment Bureau granted Savoy-Masi Petroleum a Foreign Investment Registration Certificate (FIRC) number 09-0081 issued under the provisions of the Foreign Investment Act 1999 and the Foreign Investment (Amendment) Act 2004 to commence Oil and Gas Exploration.
“We are very pleased how professional, courteous, and efficient the Fiji government has been in working with us to accomplish our goals,” commented Art Bertagnolli, CEO of Savoy Energy Corporation. “The Minister of Lands & Mineral Resources, Netani Sukanaivalu, is a respected and intelligent business man, who’s focused on helping Fiji and its people.â€
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