10 Jan 2008 07:01
Fortune Oil PLC10 January 2008 10 JANUARY 2008 FORTUNE OIL PLC Liulin CBM Developments Fortune Liulin Gas has recently installed larger water pumps in the pilotproduction wells EP1 and EP2 so as to increase the dewatering rate, and thewater level is now falling more quickly in the wells. Currently the gasproduction is small but is expected to increase once the water level pressurefalls below the desorption pressure over the next month. Three other pilotproduction wells are in progress. Production data from these wells will providesupporting evidence along with the substantial body of geology data forcertification of reserves. On 9 January 2008 Verona Development Corp, a company listed on the TSX VentureExchange, announced that it had sold to Royal Dutch Shell the majority equityposition in a production sharing contract for CBM exploration in the NorthShilou block. This block adjoins the southern border of the Liulin block. TheNorth Shilou and Liulin blocks are 150 km south-east of the Changbei field whereShell is already producing natural gas in a production sharing contract withPetroChina. Shell's intention to explore the region neighbouring Liulinhighlights the potential for gas extraction in this part of Shanxi Province. Enquiries: Fortune Oil PLCJohn Pexton - Deputy Chief Executive Tel: 00 852 2583 3113 (Hong Kong) Pelham Public RelationsArchie Berens Tel: 020 7743 6679 or 07802 442 486Robert Koh Tel. 020 3170 7444 This information is provided by RNS The company news service from the London Stock Exchange
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| Date | Source | Headline | |
|---|---|---|---|
| 28th Aug 2008 | 7:00 am | RNS | Interim Results |
| 31st Jul 2008 | 4:04 pm | RNS | Total Voting Rights |
| 22nd Jul 2008 | 4:41 pm | RNS | Second Price Monitoring Extn |
| 22nd Jul 2008 | 4:36 pm | RNS | Price Monitoring Extension |
| 22nd Jul 2008 | 7:00 am | RNS | Gas Business Developments |
| 17th Jul 2008 | 4:41 pm | RNS | Second Price Monitoring Extn |
| 17th Jul 2008 | 4:35 pm | RNS | Price Monitoring Extension |
| 7th Jul 2008 | 5:52 pm | RNS | Notifications of Major Intere |
| 7th Jul 2008 | 12:23 pm | RNS | Notifications of Major Intere |
| 4th Jul 2008 | 8:07 am | RNS | Completion of Placing |
| 1st Jul 2008 | 11:50 am | RNS | Long Term Incentive Plan Shar |
| 26th Jun 2008 | 4:20 pm | RNS | Awards under Long Term Incent |
| 26th Jun 2008 | 12:23 pm | RNS | Appointment of Executive Dire |
| 25th Jun 2008 | 3:57 pm | RNS | Result of AGM |
| 24th Jun 2008 | 4:47 pm | RNS | Potential Investment By Kerry |
| 6th Jun 2008 | 10:00 am | RNS | Annual Information Update |
| 30th May 2008 | 4:35 pm | RNS | Price Monitoring Extension |
| 20th May 2008 | 11:54 am | RNS | Annual Report and Accounts |
| 12th May 2008 | 8:53 am | RNS | Holding(s) in Company |
| 30th Apr 2008 | 11:08 am | RNS | Blocklisting Interim Review |
| 24th Apr 2008 | 9:54 am | RNS | Preliminary Results |
| 31st Mar 2008 | 7:02 am | RNS | Liulin CBM Update |
| 31st Mar 2008 | 7:02 am | RNS | Acquisition |
| 25th Mar 2008 | 7:01 am | RNS | New CFO / Change of Auditors |
| 10th Jan 2008 | 7:01 am | RNS | Liulin CBM Developments |
| 20th Nov 2007 | 7:01 am | RNS | Agreement With Vitol |
| 31st Oct 2007 | 3:15 pm | RNS | Blocklisting Interim Review |
| 25th Oct 2007 | 11:06 am | RNS | Director Shareholding |
| 3rd Oct 2007 | 3:11 pm | RNS | Director/PDMR Shareholding |
| 24th Sep 2007 | 7:01 am | RNS | Interim Results |
| 20th Sep 2007 | 7:00 am | RNS | Notice of Results |
| 17th Sep 2007 | 7:01 am | RNS | Coal Bed Methane JV |
| 13th Sep 2007 | 7:01 am | RNS | LNG Production Update |
| 21st Jun 2007 | 6:11 pm | RNS | Director/PDMR Shareholding |
| 21st Jun 2007 | 4:41 pm | RNS | Share Purchase |
| 20th Jun 2007 | 5:29 pm | RNS | AGM Resolutions |
| 19th Jun 2007 | 4:51 pm | RNS | Result of AGM |
| 18th Jun 2007 | 7:00 am | RNS | Acquisition |
| 1st Jun 2007 | 10:47 am | RNS | Annual Information Update |
| 21st May 2007 | 2:56 pm | RNS | Annual Report and Accounts |
| 30th Apr 2007 | 2:20 pm | RNS | Blocklisting Interim Review |
| 26th Apr 2007 | 7:03 am | RNS | $50 Million Loan Facility |
| 26th Apr 2007 | 7:01 am | RNS | Final Results |
| 18th Apr 2007 | 2:27 pm | RNS | Liulin Gas Joint Venture |
| 12th Apr 2007 | 7:01 am | RNS | Coal Bed Methane Update |
| 1st Feb 2007 | 7:01 am | RNS | Business Developments |
| 29th Jan 2007 | 7:02 am | RNS | Result of Geological Study |
| 22nd Jan 2007 | 7:02 am | RNS | Second CBM Pilot Well |
| 19th Dec 2006 | 11:12 am | RNS | Total Voting Rights |
| 7th Nov 2006 | 7:02 am | RNS | Commencement of CBM Drilling |
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