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Global Equity International Inc. Has Secured Its First Contract via MEPEX With Hoqool Petroleum International, a Company Incorporated in the Kingdom of Bahrain

Global Equity International, Inc. (OTCQB: GEQU) and its fully-owned subsidiary Global Equity Partners Plc. ("GEP"), a specialist consultancy firm with offices located in Dubai and London, are pleased to announce they have signed an agreement with Hoqool Petroleum International ("Hoqool") to assist with sourcing up to $50 million of funding ahead of a planned IPO on a recognized stock exchange.

Hoqool Petroleum International is an independent oil and gas exploration and production company, incorporated in the Kingdom of Bahrain. Hoqool is an Arabic word that means fields and particularly oil and gas fields. Hoqool was established in 2010. The founders combine vast and deeply rooted leaders who are experienced, knowledgeable and well recognized, both locally and internationally, covering the upstream sector of the oil and gas with more than 175 years of experience.

The core business of Hoqool is the development of hydrocarbon resources, and its activities include exploration and development of oil and gas fields. The composition of Hoqool, together with the close working relationships throughout the group, allows the company to seamlessly manage business and undertake multiple projects, with decisions based on technical merit and cost effectiveness.

The management team are senior energy executives from the national oil companies of Bahrain and Saudi Arabia who are experienced and well recognized, and have extensive technical and operational experience in the MENA region along with key international figures from the industry forming Hoqool's board.

Hoqool would like to offer the private sector of the region the...