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Amg Bioenergy Resources Holdings Ltd V.ABG.H

AMG Bioenergy Resources Holdings Ltd, formerly Blandings Capital Limited, is a renewable energy company. The Company is developing jatropha feedstock plantation and eucalyptus plantation in the People's Republic of China (PRC) to produce crude jatropha oil for conversion into bio-diesel and also timber from eucalyptus plantation. The Company operates through two segments: Jatropha and Eucalyptus plantations. Its business involves managing the preparation of the land, the plantation of seedlings, the maintenance of the plantation, the harvesting of jatropha and eucalyptus plantation, and the extraction of crude jatropha oil from the seeds harvested. The Company also provides management services for the development of resort condominium residences in Hainan island in the PRC. Its management services include accounting and banking services; planning and budgeting services; assisting with obtaining licensing and permits, and quarterly reporting in respect of engineering work.


TSXV:ABG.H - Post by User

Post by jcjohn36on Jun 29, 2004 4:22pm
90 Views
Post# 7661863

from previous press release

from previous press releaseThe Company's new 2D seismic acquisition covering the entire Coastal block, a total survey line length of 385 km which will result in high density data coverage, was completed early in the week beginning March 14th, 2004. Data processing and interpretation is expected to be completed in the early part of the 3rd quarter. The Company expects that the results of the survey will provide locations for further development or exploration wells to be drilled in the Coastal block during the second part of 2004. It is also expected that workover operations will recommence following the completion of the seismic studies.
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