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In many cases, the end of the year gives you time to step back and take stock of the last 12 months. This is when many of us take a hard look at what worked and what did not, complete performance reviews, and formulate plans for the coming year. For me, it is all of those things plus a time when I u...
Kilimanjaro Capital Ltd. Signs Strategic Technology Alliance with Northern Oil Research Technologies Inc.

CALGARY, ALBERTA -- (Marketwire) -- 02/25/13 -- Kilimanjaro Capital Ltd., a private Canadian resource development and services company focusing on emerging nations in West Africa, has signed a Strategic Technology Alliance with Northern Oil Research Technologies Inc. (NORT).

Northern Oil Research Technologies Inc. (NORT) holds a patent on a process for a heavy crude oil upgrading technology which is environmentally friendly and economically attractive. Heavy oil reserves are common in West Africa where Kilimanjaro Capital's portfolio is focused. Kilimanjaro Capital recently signed agreements for exclusive oil and minerals rights with the exile governments of Southern Cameroons, Cabinda and Biafra. Forest Gate Energy (TSXV FGE) also has a 20% stake in Southern Cameroons.

Kilimanjaro Capital's CEO Zulfikar Rashid has indicated that the heavy crude oil upgrading technology developed by NORT's chief scientist Frederick Boakye is particularly attractive because it leaves a small carbon footprint. According to Zulfikar Rashid: "Responsible stewardship of resources is of primary importance to Kilimanjaro Capital and its clients; we will be recommending and authorizing this innovative technology as we develop our oil interests." Under the terms of the Strategic Alliance, NORT will also be a provider of technology assistance to Kilimanjaro Capital.

Kilimanjaro Capital's fast growth and emphasis on contingent resource interests has catapulted it to prominence in recent months as the largest known services provider and developer of disputed resource properties in West Africa.

Kilimanjaro Capital Ltd.                                                    
7015 Macleod Trail South Suite 400                                          
Calgary, Alberta, Canada T2H 2K6                                            

Kilimanjaro Capital Ltd.
+1- 403-775-9908

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