(EnergyAsia, December 19) — China United Coalbed Methane Co (CUCBM) has signed a production sharing contract (PSC) with Canada’s Verona Development Corp for a coal bed methane (CBM) block in Shanxi province, Xinhua reported. The deal covers the Shiloubei block which has an estimated 150 billion cubic metres of CBM resources. Verona will bear…
CHINA: Canada’s Verona inks coal bed methane deal
Posted on December 19, 2005 by EnergyAsia