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Thursday, 03/06/2014 11:17:47 AM

Thursday, March 06, 2014 11:17:47 AM

Post# of 4713
Peer Sino Oil & Gas major received vote of confidence this week. Seeing this reaffirms CBM an attractive space which makes me think FEEC will get some better financing and/or JV soon.

Sino Oil and Gas Holdings Limited Welcomes substantial investment by Kingkey Chairman Chen Hua

http://www.irasia.com/listco/hk/sinooilgas/press/p140228.htm

Mr. Chen Hua said: "My 'Kingkey Blueprint' has taken shape through innovation and persistence. Sino Oil and Gas Holdings has built its Sanjiao coalbed methane ("CBM") project into a successful model for sino-foreign collaboration in clean energies on the basis of product sharing contracts. The company's professionalism and entrepreneurial spirit fit well with my development blueprint. I believe unconventional natural gas has an important role in the development of the energy sector in China. I am delighted to participate in the promising future of unconventional natural gas through this investment."

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