Skip to Content

Friday, November 22nd, 2019

Sino Gas & Energy : – Q1 Activities Report

by April 12, 2016 General


Update reserves and resource estimates
Finalise cash receipt for gas sold from Linxing PSC
Finalise cash receipt for gas sold from Sanjiaobei PSC
Ramp-up to 25 MMscf/d over the year
CRR approvals
Prepare for ODPs submission following CRR approvals
Complete appraisal of Linxing (East) deep exploration area and submit CRRWORK PROGRAM2016 work program commenced – The JV partners have approved a capex budget of US$45 million. Four rigs are currently drilling exploration/appraisal wells on Linxing (East) before moving to development drilling on Linxing (West). Twenty-one wells planned including five exploration wells on Linxing (East) with the remainder being pilot development wells.