Scandoil  

CBM Asia provides operational updates on Indonesia assets


Published Aug 26, 2013
[an error occurred while processing this directive]

Edit page New page Hide edit links

CBM Asia Development Corp.

CBM Asia Development Corp. provided an operational update on its coalbed methane (CBM) properties in Indonesia.

ExxonMobil Joint Venture

CBM Asia and ExxonMobil have agreed to extend the Umbrella Agreement signed on Dec. 19, 2012. Both companies are engaged in amending certain terms of the agreement and the Company with approval from ExxonMobil will announce details in the near future.

“Our confidence in the commercial viability for CBM in Kalimantan is high and we look forward to success in the coming drilling season,” states Alan Charuk, president and CEO of CBM Asia Development Corp. “We expect to be able to release full details of the contract amendment in the near future.”

Tags: CBM Asia Development Corp.




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml