Canadian Oil Recovery and Remediation Enterprises Ltd. (CORRE) - a provider of leading edge oil recovery and remediation technologies and services, announces that it has appointed Al-Hamdan Group as a financial and business development consultant for CORRE based in Saudi Arabia. Sheikh Ahmad Al-Hamdan is the chairman and chief executive officer of Al-Hamdan Group, a Jeddah based corporate finance and consultancy firm which provides a range of financial advisory and consulting services dedicated to the needs of corporations, financial institutions and government agencies in Saudi Arabia and abroad. “CORRE is extremely pleased to be working with Al-Hamdan Group and specifically, Sheikh Al-Hamdan who has earned the great respect of the financial, private and government institutions of Saudi Arabia,” said John Lorenzo, CORRE CEO. “Sheikh Al-Hamdan's extensive experience and successful track record will be able to assist CORRE in accessing strategic capital from this region as well as assist CORRE to develop new business opportunities in Saudi Arabia.” CORRE is a Canadian company that utilizes its proprietary Advanced Recovery Equipment Systems (ARES) program to provide five comprehensive solutions for oil recovery and soil remediation. ARES I, II and IV are commercialized technologies.
