Articles Tagged "CBM Asia Development Corp."

CBM Asia Announces Management Changes

Gas – CBM Asia Development Corp. (TSXV:TCF,US:CBMDF,FWB:IY2) announced that Alan T. Charuk has resigned as the President, Chief Executive Officer and Director of the Company. Charles W. Bloomquist, formerly VP of Poerations as well as a co-founder and director of the Company has been elected as the new President and Chief Executive Officer by the Board of Directors.

CBM Asia Development Corp. Provides Corporate Update

Gas – CBM Asia Development Corp. (TSXV:TCF,US:CBMDF,FWB:IY2) provided a review of its operations in Indonesia, as well as an update on its current financing activities. To date, the Company has successfully drilled and tested a total of eight coalbed methane exploration wells at two Production Sharing Contract (PSC) areas in Indonesia. The Company has also been offered financing facilities of US$25 million and EUR60 million by two private institutions.

Bob Moriarty: On the Road to Armageddon, Take Shelter in Resources

Oil – An economic recovery that isn't one. A civil war that isn't one. Cheap oil that is no more. According to Bob Moriarty, resources remain one of the few absolutes in the world. In this The Energy Report interview, Bob explains why he's sticking to resources when many investors are turning to the mainstream markets, and shares long-term opportunities for shale oil in New Zealand and coal bed methane in Indonesia.