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 > War on smog bodes well

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Comment by drd8on Mar 13, 2017 1:18pm

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Post# 25971928

RE:War on smog bodes well

In recent years, Chinese national oil companies—Sinopec and CNOOC in particular—have invested heavily in natural gas, reflecting a de-emphasis of coal-fired power production. These efforts are integral to Beijing’s goals of reducing carbon emissions and account for much of its decreasing reliance on coal imports.

Add record demand and what you have is either Husky or CNOOC making a play for Primeline. Could have a bidding war...

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From now on, dynaCERT instead of Bitcoin or NVIDIA?