Dear ,

CBM Asia Development Corp. (TSX-V:TCF) has announced that the first coalbed methane exploration core well in the Kutai West CBM PSC block was spud on December 12, 2011. CBM Asia holds 18% working interest in the Kutai West CBM PSC, located in East Kalimantan, Indonesia.

Click here to read the complete news release: http://www.cbmasia.ca/s/NewsReleases.asp?ReportID=496592&_Type=News-Releases&_Title=CBM-Asia-Announces-First-Coalbed-Methane-Exploration-Core-Well-Spud-at-Kuta...

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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