Primeline Energy Holdings Inc 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 nelsonnellyon Nov 05, 2014 1:19pm

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Post# 23097917

RE: Trading Pattern Of Late?

PEH has been range bound over the last little while, bouncing between 0.41 and 0.47. We will certainly get news from the company this month; we will certainly get Q3 financials, together with update on production and progress (or lack thereof) on the credit agreement front.

PEH investors may as well be parched grounds at the moment, just waiting for rain in the form of some serious UPDATES!

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