{"id":40114,"date":"2010-11-25T18:34:50","date_gmt":"2010-11-25T17:34:50","guid":{"rendered":"http:\/\/www.visit-ulcinj.com\/blog\/?p=40114"},"modified":"2010-11-25T18:34:50","modified_gmt":"2010-11-25T17:34:50","slug":"cubus-lux-won-the-tender-for-the-valdanos-project-in-montenegro-now-what","status":"publish","type":"post","link":"https:\/\/www.visit-ulcinj.com\/blog\/2010\/11\/25\/cubus-lux-won-the-tender-for-the-valdanos-project-in-montenegro-now-what\/","title":{"rendered":"Cubus Lux won the tender for the Valdanos project in Montenegro now what?"},"content":{"rendered":"

\"\"<\/a><\/strong>Independent – 01.11.2010<\/strong><\/a><\/p>\n

It has been a busy week for small-cap oil exploration and production (E&P) companies with an interest in the North Sea. The Government’s 26th offshore licensing round \u2013 postponed from early 2009 on account of the financial crisis \u2013 finally concluded. And out of 2,818 possible blocks on offer, a thoroughly healthy 114 licences covering 268 blocks have been awarded, with another 90 still undergoing environmental assessment which may yet turn into licences.<\/p>\n

Last year, Cubus Lux won the tender for the Valdanos project in Montenegro, which will convert a disused military base into an eco-friendly resort complete with health spas and golf course. And with the Croatian government increasingly interested in developing the country’s marina facilities, the group has identified seven sites around the coast of Croatia and its neighbours that could form a “string of pearls across the Adriatic”.<\/p>\n

Perhaps unsurprisingly with so much going on elsewhere, Cubus Lux is losing interest in the casino business where it all began. Mr Huber told investors last week he is expecting to offload the company’s casinos to allow directors to concentrate on the company’s real estate projects.<\/p>\n

If Cubus Lux’s plans start to take shape, the worst of the credit crunch must finally be over.<\/p>\n

Read More \u00a9independent.co.uk<\/a><\/strong><\/p>\n\n","protected":false},"excerpt":{"rendered":"

Independent – 01.11.2010 It has been a busy week for small-cap oil exploration and production (E&P) companies with an interest in the North Sea. The Government’s 26th offshore licensing round \u2013 postponed from early 2009 on account of the financial crisis \u2013 finally concluded. And out of 2,818 possible blocks on offer, a thoroughly healthy […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[7],"tags":[16420,16422,16421,10781,16425,16413,1748,16414,16419,16424,79,16417,16423,19,16418],"jetpack_publicize_connections":[],"yoast_head":"\nCubus Lux won the tender for the Valdanos project in Montenegro now what? - Lajme nga Ulqini<\/title>\n<meta name=\"description\" content=\"Independent - 01.11.2010 It has been a busy week for small-cap oil exploration and production (E&P) companies with an interest in the North Sea. 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