CBM Asia Development Corp. (TSXV:TCF) applied for a management cease trade order to the British Columbia Securities Commission due to a delay in obtaining financial information and lack of funding.
Gas Company News Directory
Deutsche Welle reported that Germany's Essen based RWE (ETR:RWE) has begun supplying gas to the Ukraine. According to Deutsche-Welle, RWE signed a contract for natural gas deliveries with Kyiv in 2012, but has not yet specified the price Ukraine will pay for the gas.
Following the announcement regarding development plans of the Kutai West PSC last week, CBM Asia Development Corp. (TSXV:TCF,OTCBB:CBMDF,FWB:IY2) announced a non-brokered private placement of C$11,000,000 secured loans with bonus shares. CBM Asia is also taking steps to reduce general and administrative expenses, reducing staff levels and office sizes for both Vancouver and Jakarta.
BRS Resources Ltd. (TSXV:BRS) is an international oil and gas exploration and production company focused on establishing a European presence in the upstream oil and gas business, primarily natural gas production in Italy. Investment Highlights: 800,000+ acres 40+ prospective wells World class partners Europe’s second largest onshore gas province Favorable commodity pricing
CBM Asia Development Corp. (TSX:TCF, US:CBMDF, FRANKFURT:IY2) announced that at the annual and special meeting of shareholders held on Friday, March 28th, 2014, shareholders approved: The appointment of Charles W. Bloomquist, Adam Q.H. Clarke, James F. Friberg, Clint B. Sharples and Scott H. Stevens as directors. The appointment of BDO Canada LLP, Chartered Accountants, as auditor. The ratification and approval of the Stock Option Plan.
Business in Vancouver reported last week that Steelhead LNG Corp. will propose a new liquefied natural gas export facility for the B.C. Coast. Nigel Kuzemko, CEO of Steelhead, commented: We are looking at more than one site. We’re looking at both floating LNG facilities, as well as a land-based facility. We understand the markets; between [...]
InterOil Corporation (NYSE:IOC) and Total SA (Paris:FP,NYSE:TOT) closed a revised sales and purchase agreement for the Elk-Antelope gas field in Petroleum Retention Licence 15 in Papua New Guinea.
Intrexon Corporation (NYSE:XON), a leader in synthetic biology, today announced the formation of Intrexon Energy Partners (IEP), a joint venture with a select group of external investors, to optimize and scale-up Intrexon's gas-to-liquid (GTL) bioconversion platform for the production of fuels and lubricants
Enbridge recently acquired a $20-million land package along the northwest coast of British Columbia
FX Energy Inc. (NASDAQ:FXEN) announced that it has started production at the Komorze-3 well, located at its Poland-based Fences concession. Currently, its production rate sits at 1.1 million cubic feet of gas per day.