Bullboard - Stock Discussion Forum Primeline Energy Holdings Inc V.PEH.H

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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... see more

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TSXV:PEH.H - Post Discussion

Primeline Energy Holdings Inc > CNOOC Arbitration - Update

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Post by kenbar1 on Sep 26, 2018 5:04pm

CNOOC Arbitration - Update

Primeline issued an update this afternoon. It seems we won't know the final decision for a few months.

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Comment by mike49 on Sep 26, 2018 11:54pm

The timeline is playing out the way these things go. last arb was settled before arbitrator decision because peh would have won. This case could be settled next week or cnocc goes to the wall. My only clue here is that the largest shareholder put his own dough up so he has a better read on the motivations of the Chinese gov in the age of Trump. China needs the gas.they steal it,buy it,or work it ...more

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Primeline Energy Holdings Inc