Sino Gas And Energy Holdings Limited
ASX:SEH ISIN:AU000000SEH2
The Company has operated in Beijing since 2005 and holds a portfolio of unconventional gas assets in China through Production Sharing Contracts (PSC's).
The PSC's are located in Shanxi province in the Ordos Basin and cover an area of 3,000km2. The Ordos Basin is the second largest onshore oil and gas producing basin in China. The area has mature field developments with an established pipeline infrastructure to major markets. Rapid economic development is being experienced in the provinces in which Sino Gas's PSC's are located and natural gas is seen as a key component of clean energy supply in China.
On Sino Gas's Tuban prospect, 11 wells have been drilled, the latest being SJB1 during October 2011. Extensive seismic and other subsurface studies have also been conducted. Multiple wells have been flow tested with commercial flow rates achieved on many of the wells, including significant commercial rates on its TB07, TB09 and TB04 wells. The gas flow rates in this release are estimated at 200 psi Flowing Tubing Head Pressure (THP) unless otherwise noted.
The statements of resources in this Release have been independently determined to Society of Petroleum Engineers (SPE) Petroleum Resource Management Systems (SPE PRMS) standards by internationally recognized oil and gas consultants RISC Pty Ltd. All resource figures quoted are mid case - 100%.
Additional information on Sino Gas can be found at www.sinogasenergy.com
News
Sino Gas And Energy Holdings Limited (ASX:SEH) continues to make progress towards development of its substantial gas resources in China.
Sino Gas & Energy Holdings Limited (ASX:SEH) continues with its active development focused work program.
Continuing its progress towards development, Sino Gas & Energy Holdings Limited (ASX:SEH) is pleased to advise that it has signed two key contracts relating to its Sanjiaobei Production Sharing Contract.
Sino Gas & Energy Holdings Limited (ASX:SEH) is pleased to announce a stable gas flow rate of 362,000 scf/day after 14 hours flow on its TB03 Gas Discovery Well.
Sino Gas And Energy Holdings Limited (ASX:SEH) is pleased to announce an initial gas flow rate of 362,000 scf/day on its TB03 Gas Discovery Well.
Sino Gas & Energy Holdings Limited (ASX:SEH) is pleased to announce a final gas flow rate of 1,150,500 scf/day on its TB09 Gas Discovery Well.
Sino Gas & Energy Holdings Limited (ASX:SEH), an Australian company developing unconventional gas assets within the Ordos Basin, Shanxi Province China, will hold its Annual General Meeting today in Perth, Western Australia. The Chairman's Address for that meeting is released.
Sino Gas And Energy Holdings Limited (ASX:SEH), an Australian company developing unconventional gas assets within the Ordos Basin, Shanxi Province China, is pleased to announce an initial gas flow of approximately 850,000 scf/day on its TB09 Gas Discovery Well.
Sino Gas & Energy Holdings Limited (ASX:SEH), an Australian company developing unconventional gas assets within the Ordos Basin, Shanxi Province China, has completed the mobilisation of all equipment for the flow test program on the TB09 Gas Discovery Well.
Sino Gas & Energy Holdings Limited (ASX:SEH), an Australian company developing unconventional gas assets within the Ordos Basin, Shanxi Province China, is pleased to confirm the commencement of its 2011 well testing program on the Linxing Production Sharing Contract (PSC).
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