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Fortune Oil Share News (FTO)
Share News for Fortune Oil (FTO)
| Share Price: 8.32 | Bid: 8.15 | Ask: 8.49 | Change: 0.00 (0.00%) |  | ||||||
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Fortune Oil says Liulin project to get China state funding
Thu, 19th Feb 2009 09:08
LONDON, Feb 19 (Reuters) - Fortune Oil Plc said on Thursday that the Liulin coal bed methane p
At 0849 GMT, Fortune Oil's shares were up 13 percent at 6 pence.
The funding is a result of the project being designated a State Science and Technology Significant Project, enabling it to benefit from preferential policies such as immediate rights to sell gas production from the block.
(Reporting by Julie Crust) Keywords: FORTUNE OIL/COAL
(julie.crust@thomsonreuters.com; +44 207 542 3847)
COPYRIGHT
Copyright Thomson Reuters 2009. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
LONDON, Feb 19 (Reuters) - Fortune Oil Plc said on Thursday that the Liulin coal bed methane p
roject in China will receive state funding, allowing exploration to be accelerated while reserving Fortune Oil's rights in the block.
At 0849 GMT, Fortune Oil's shares were up 13 percent at 6 pence.
The funding is a result of the project being designated a State Science and Technology Significant Project, enabling it to benefit from preferential policies such as immediate rights to sell gas production from the block.
(Reporting by Julie Crust) Keywords: FORTUNE OIL/COAL
(julie.crust@thomsonreuters.com; +44 207 542 3847)
COPYRIGHT
Copyright Thomson Reuters 2009. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
BRIEF-Fortune Oil says condition for sale of natural gas business satisfied
LONDON, Jan 16 (Reuters) - Fortune Oil Plc: * Re proposed disposal of natural gas business * Condition in the sale and purchase agreem[16 Jan '13]
UPDATE 1-Fortune Oil to sell natural gas business to China Gas
(Adds details, updates share movement) Dec 17 (Reuters) - Fortune Oil Plc said it would sell its natural gas business to China Gas Holdi[17 Dec '12]
BRIEF-Fortune Oil sells natural gas business to China Gas Holdings for $400 mln
LONDON, Dec 17 (Reuters) - Fortune Oil Plc: * Proposed US$400M disposal of natural gas business * Injection of Fortune oil's natural g[17 Dec '12]
China Gas to buy Fortune Oil's China gas biz for $400 mln-sources
HONG KONG, Dec 17 (Reuters) - Gas distributor China Gas Holdings Ltd plans to buy London-listed Fortune Oil's gas business in China for HK$3.1[17 Dec '12]
BRIEF-Fortune Oil says Fortune Max bought more China Gas shares
LONDON, Aug 3 (Reuters) - Fortune Oil Plc: * Purchase of additional China Gas shares * Fortune Max Purchased 834,000 additional shares[3 Aug '12]
UPDATE 3-Sinopec and ENN extend China Gas offer for a month
By Charlie Zhu and Alison Lui HONG KONG, July 6 (Reuters) - Chinese oil giant Sinopec Corp and gas distributor ENN Energy Holdings are ext[6 Jul '12]
UPDATE 2-ENN shareholders approve joint offer for China Gas - exec
HONG KONG, July 6 (Reuters) - Shareholders of Chinese city gas distributor ENN Energy Holdings have approved its proposed $2.2 billion joint off[6 Jul '12]
UPDATE 1-ENN shareholders approve joint offer for China Gas - exec
HONG KONG, July 6 (Reuters) - Shareholders of Chinese city gas distributor ENN Energy Holdings have approved its proposed HK$3.50-per-share join[6 Jul '12]
