(EnergyAsia, January 23) — Canada’s Ivanhoe Energy Inc said its wholly-owned subsidiary Sunwing Zitong Energy Ltd has farmed out 10% of its exploration and development contract for the Zitong Block in China’s Sichuan Basin to Japan’s Mitsubishi Gas Chemical Company Inc. Mitsubishi will pay Sunwing US$4 million for a 10% interest in the project,…
CHINA: Mitsubishi Gas Chemical farms into Ivanhoe Energy’s Sichuan gas project
Posted on January 23, 2006 by EnergyAsia