UGIZ Launches Crossfield Energy to Seize Venezuela Oilfield Opportunity

Javier Sanguino García, a civil engineer with over 30 years of oilfield services experience across Venezuela, Colombia, Mexico, Spain, and the United States, has taken the helm as Chairman and CEO of Unique Global Innovative Solutions Corporation (OTC: UGIZ) following a change of control that closed on November 6, 2026. In a candid letter to shareholders, García announced the acquisition and launch of Crossfield Energy LLC, which will serve as the operating vehicle for UGIZ’s expansion into Venezuela’s oilfield services sector. The company also plans a corporate name change through FINRA to reflect its new strategic direction. García emphasized the immense opportunity in Venezuela, home to the world’s largest proven oil reserves, where production has fallen far below historical levels due to underinvestment and the exit of many operators. He noted that even long-standing holdouts like ExxonMobil are now moving to return, signaling a reopening of the energy sector. With the independent oilfield services base dramatically reduced, Crossfield Energy aims to fill a competitive vacuum by providing workover services, well testing, coiled tubing, directional drilling, welding, and maintenance.

To address shareholder concerns about dilution, García outlined a capital-efficient strategy centered on joint ventures with U.S. and Venezuelan operators that already own idle or underutilized equipment. By combining their equipment with Crossfield’s local operating capabilities and market access, the company aims to share in operating profits without bearing the full cost of equipment. García also detailed the handling of legacy debt: approximately 70% was exchanged into common stock at $0.01 per share, with conversions capped to limit dilution tied to inherited liabilities. He committed to building shareholder value through profitable operations and disciplined capital allocation, prioritizing structures that limit dilution. Additionally, he noted that the change of control documents were filed with OTC Markets on November 11, 2026, available via the OTC Markets Change of Control Link, and that the company has taken control of its transfer agent. Former officers and directors James C. Vowler and William J. Vowler resigned as part of the transition.

García stressed a measured and accurate approach to communication, aiming to earn confidence through results rather than promises. He expressed excitement about the combination of a large market opportunity, diminished competition, experienced partners, and a capital-efficient model, stating he took the role to build a meaningful energy services company. The letter also included standard forward-looking statements cautioning that actual results may differ materially.