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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Post by mike49on Aug 05, 2018 2:41pm

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Post# 28416467

I wonder

Will arbitration go the way it should or is the decision a done deal on the whims of the Chinese gov?
scrapping with Trump means you hedge the bet elsewhere.however,Chinese money hasn't been treated very nice in the the Canadian patch lately and no doubt some bent feelers over failed aecon deal.
Now and again someone buys a chunk here.are they simply placing a bet(like me) or do they know something.
This is one equity I own that can truly go to the moon or fall off the earth completely.
Viva la dope stock mad money.
good fortunes

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