Curcas Oil N.V.
Curcas Oil N.V. Corporate Update
Curcas Oil N.V. / Miscellaneous 13.07.2010 09:07 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Curcas Oil N.V. Corporate Update Amsterdam, The Netherlands, July 13th, 2010 - Curcas Oil N.V. ('Curcas' or the 'Company') is pleased to announce the following corporate update. The Company's subsidiary in the Philippines 'Curcas Oil Philippines Inc.' announces that as part of its 'contract farming' model over 13.000ha in the region around General Santos have been successfully integrated. Thus Curcas was able to almost double its affiliated cultivation area since May of this year. In addition to the very successfully running 'contract farming' model, Curcas Oil began with the construction of its own nursery for Jatropha seedlings with a capacity of 100,000 seedlings. Furthermore, the installation of additional press heads, filter units and seed conveying systems has been successfully completed together with engineers of the German manufacturer at the facilities in the Philippines. A locally manufactured silo and an also locally manufactured filling system have also been installed and are ready. At the same time two foundations for two tanks with a capacity of 20,000 liters each have been concreted. The production of crude oil has successfully commenced at the end of last week. About Curcas Oil N.V. Curcas Oil N.V. is a producer of Jatropha Crude Oil. With its subsidiaries Alternative Energy Manufacturing Ltd. (Thailand), Curcas Oil Philippines Inc. (Philippines) and PT Pengembangan Jarak (Indonesia), Curcas Oil N.V. cultivates Jatropha Curcas plants for the production of Jatropha Crude Oil in a sustainable and responsible manner. Curcas Oil N.V. Haaksbergweg 71 1101 BR Amsterdam The Netherlands Tel. +31 20 312 1212 info@curcas-oil.com www.curcas-oil.com 13.07.2010 Ad hoc announcement, Financial News and Press Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de ---------------------------------------------------------------------------
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