RE: News Very very good news for all long !
June 14, 2012 15:30 ET
CBM Asia Reports Third Exploration Wll Encounters 31 Meters of Net Coal at Hutai est PSC & CBM Asia Open Jakarta Representa tive Office
Other Comments fron Alan Charuk, President and CEO of CBM Asia.
'' We are encouraged by the result of the CBM-kw-04 well logs as they confirm cntinuous thick seams through the eastern section of the block ''.
'' We are also delighted to open the Jakarta office as it allows us to begin operaing and planning the exploration of our majority owned PSC's as well as those we plan to acquire, Keith Potter, who joined us six months ago as General Manager-Indonesia, has many years of operating and administrtive experience in Indonesia and is recruting a top- rated CBM team to execute our business plan in time and in a cost effective manner ''.
Galaxie7