Dear ,
CBM Asia Development Corp. (TSX-V:TCF) has announced that CBM Asia and Medco Energi have entered into an agreement to sell coalbed methane gas from the company's Sekayu PSC in South Sumatra, Indonesia. The pilot production program is expected to be initiated during 1Q-2012.
Click here to read the complete news release: http://bit.ly/soNtHd
For more information on CBM Asia, please contact Investor Relations at Micro Cap et al at 1 877 642 7622, or info@microcapetal.com
Sincerely,
Alan T. Charuk
President & CEO
www.cbmasia.ca
About CBM Asia
CBM Asia Development Corp. is a Canadian-based unconventional gas company with significant coalbed methane ("CBM") exploration and development opportunities in Indonesia. The Company holds various participating interests in four production sharing contracts (each a "PSC") for CBM in Indonesia. Indonesia has one of the largest CBM resources in the world with a potential 453 trillion cubic feet in-place, more than double the country's natural gas reserves (Stevens and Hadiyanto, 2004). Since 2008 more than 30 CBM PSCs have been granted by the Government of Indonesia, representing exploration commitments of over US$100 million during the next 3 years. In addition to CBM Asia, other companies active in CBM exploration in Indonesia include BP, Dart Energy, ENI, ExxonMobil, Medco, and TOTAL. The Company trades on the TSX Venture Exchange under the symbol "TCF".
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CBM Asia Development Corp.
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CODE : TCF.V |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
CBM Asia est une société d’exploration minière basée au Canada. CBM Asia détient divers projets d'exploration en Indonesie. Son principal projet en exploration est KUTAI BASIN en Indonesie. CBM Asia est cotée au Canada. Sa capitalisation boursière aujourd'hui est 1,8 millions CA$ (1,5 millions US$, 1,3 millions €). La valeur de son action a atteint son plus haut niveau récent le 19 juin 2009 à 0,61 CA$, et son plus bas niveau récent le 12 février 2015 à 0,01 CA$. CBM Asia possède 182 670 000 actions en circulation. |