Mar 10, 2012 -
Dubai, UAE. Jumeirah Resources PLC. FRANKFURT: FQB: JMR. The Board of Directors are pleased to announce that Jumeirah Resources PLC through its wholly owned subsidiary, Paragon Energy Corporation, has entered into a Joint Venture Development Agreement to develop a Mutual Area of Interest in the Northwest Premont Field in Jim Wells County Texas. The Field covers 4,500 acres and is part of the Gulf Coast Trend in South Texas.
Do NDR board members know we are in joint venture.We need to hear from Gina Roy,Ricky Hart,and Ken Harris.