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Primeline Energy Holdings Inc V.PEH


Primary Symbol: V.PEH.H

Energy Oil & Gas E&P
Primeline Energy Holdings Inc. (Primeline) is a Hong Kong-based company engaged in the exploration of oil and gas properties located in China. The Company owns exploration and development rights in the East China Sea pursuant to two Petroleum Contracts, one in relation to Block 25/34 (Petroleum Contract 25/34) and one in relation to Block 33/07 (Petroleum Contract 33/07). The Company has approximately 36.75% interest in the producing LS36-1 gas field in Block 25/34 which comprises an offshore area of approximately 84.7 square kilometers. Primeline is the operator of the Petroleum Contract with China National Offshore Oil Corporation (CNOOC) for Block 33/07. Block 33/07 covers an offshore area of approximately 5,877 square kilometers (1.45 million acres), enclosing Block 25/34. The Company's subsidiaries include Primeline Energy China Limited (PECL) and Primeline Energy Operations International Limited (PEOIL).


TSXV:PEH.H - Post by User

Primeline Energy Holdings Inc
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Comment by davidmb4on Sep 19, 2014 8:00am
86 Views
Post# 22951071

RE:Any thoughts?

RE:Any thoughts?I really don't think any analyst would recommend this stock right now. The financing and finalizing gas deal must be done first. Once those variables are completed than we wait for cash flow. If things work out than I would expect analysts to get very interested. I like to buy before they start to recommend a stock. I believe we still have some time.

patiently waiting and hoping.

david.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities