CBM Asia Updates Non-Brokered Private Placement and London AIM Listing Study
Oil – CBM Asia Development Corp. (TSXV:TCF,US:CBMD,FWB:IY2) reported that the non-brokered private placement announced on March 6, 2013 and April 1, 2013 is moving forward.
Oil – CBM Asia Development Corp. (TSXV:TCF,US:CBMD,FWB:IY2) reported that the non-brokered private placement announced on March 6, 2013 and April 1, 2013 is moving forward.
Gas – As natural gas prices in Asia continue to rise, more investors are shifting their attention to coalbed methane, a commodity with characteristics similar to conventional natural gas.
Oil – CBM Asia Development Corp. (TSXV:TCF,US:CBMDF,FWB:IY2) is reviewing the $15,000,000 non-brokered private placement that was announced on March 6, 2013. Offers for multi-year financing structures from various investors and oil & gas companies in Indonesia have been received, and the Company is currently evaluating the terms and conditions of the offers.
Gas – CBM Asia Development Corp. (TSXV:TCF) announced a non-brokered financing of up to CAD15 million - 71,428,572 shares at a price of CAD0.21 per share - subject to the acceptance of the TSX Venture Exchange and anticipated to close on or about March 29, 2013.
Gas – CBM Asia Development Corp. (TSXV:TCF,US:CBMDF,FWB:IY2) has chosen Netherland Sewell and Associates Inc. (NSAI) to audit the Company's coalbed methane resources in Indonesia.
Gas – Gas Investing News spoke with Sam Wahab, head of oil and gas equity research at London-based Seymour Pierce, about coalbed methane and CBM Asia (TSXV:TCF,FWB:IY2). Seymour Pierce currently holds a 'Buy' rating for CBM Asia.
Sam Wahab, head of oil and gas equity research at London-based Seymour Pierce, talks coalbed methane and the company's coverage of CBM Asia with Gas Investing News. Seymour Pierce currently holds a 'Buy' rating for CBM Asia.
CBM Asia Development Corp. (TSXV:TCF), an unconventional gas exploration company with significant coalbed methane exploration and development projects in Indonesia, now has a profile on Gas Investing News:
Gas – Resource Investing News is pleased to announce the launch of CBM Asia Development Corp. (TSXV:TCF) on Gas Investing News.
CBM Asia Development Corp. (TSXV:TCF) is a Canadian unconventional gas exploration company with significant coalbed methane ("CBM") exploration and development projects in Indonesia. The Company holds various participating interests/rights in nine CBM production-sharing contracts (PSCs) and options to participate in a minimum of nine more. Indonesia has one of the largest CBM resources in the world with a potential 453 trillion cubic feet in-place, more than double the country's natural gas reserves.
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