Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Primeline Energy Holdings Inc V.PEH


Primary Symbol: V.PEH.H

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

Comment by nelsonnellyon Oct 17, 2014 3:08pm
131 Views
Post# 23038759

RE:Looks Like

RE:Looks LikeThis echoes the comments that I had after watching the video. My honest assessment is that the only information that I feel was new is the comment about the prosepctivity of PEH's unexplored land holdings. Even this is consistent with what we have all be dealing with in the sense that PEH, as an investment, remains very prospective - in other words, highly speculative. Exploration of this vast "prospective" area requires more patience, which, as you said, is being excessively tested.

PEH needs to understand that patience does not mean optimal elasticity; on the contrary, they need to know that there is a point at which the exercise of pateince becomes unreasonable. Let's just hope that they put some pep in their steps before investors run out of patience. 
Bullboard Posts