1 Aug 2006 08:15
Fortune Oil PLC01 August 2006 1 AUGUST 2006 FORTUNE OIL PLC ("Fortune Oil" or the "Company") The Company is pleased to announce that the Ministry of Commerce has approvedthe transfer of the foreign contractor rights in the Liulin block ProductionSharing Contract ("PSC") for coal bed methane ("CBM") to Fortune Liulin GasCompany Limited and the PSC exploration period has been extended for a furthertwo years. Fortune Liulin Gas Company Limited is to be owned 60 per cent by Fortune Oil and40 per cent by Molopo Australia Limited. All central government approvals arenow in place for Fortune Oil to begin a drilling programme so as tocommercialise the gas reserves in the Liulin block. The expenditure commitmentfor the Company over the next year is US$2.5 million which will be funded fromexisting cash resources. The Liulin block is one of the best geologically proven CBM blocks in China witha potential plateau production of 0.5 billion cubic metres per year. FortuneOil is building a professional CBM team and actively seeking other CBMopportunities in China. This is an important and exciting step in the Company's path to becoming aleading independent integrated gas company in China; and development of such CBMresources will have significant safety, environmental and economic benefits forChina. Enquiries: Fortune Oil PLCJohn Pexton - Deputy Chief Executive Tel: 00 852 2583 3113 (Hong Kong) Pelham Public RelationsArchie Berens Tel: 07802 442 486Kate Catchpole Tel: 020 7743 6678 This information is provided by RNS The company news service from the London Stock Exchange
- Home
- Share Prices
- AQSE Share Prices
- Euronext
- Stock Screeners
- Share Chat
- FX
- News & RNS
- Events
- Media
- Trading Brokers
- Finance Tools
- Members
Latest Share Chat
FTO.L Regulatory News (FTO)
FTO Share
Price
FTO Share
News
FTO Share
Chat
FTO Share
Trades
FTO
Live RNS
FTO Share
Charts
FTO Broker
Ratings
FTO Directors
Deals
FTO Financial
Diary
FTO
Fundamentals
FTO Short
Positions
FTO
Media
FTO.L Information
- There is currently no data for FTO
Watchlists are a member only feature
Login to your account
Don't have an account? Click here to register.PSC Transfer Approval
| Date | Source | Headline | |
|---|---|---|---|
| 2nd Nov 2006 | 10:05 am | RNS | Director/PDMR Shareholding |
| 31st Oct 2006 | 4:00 pm | RNS | Blocklisting Interim Review |
| 16th Oct 2006 | 5:25 pm | RNS | Director/PDMR Shareholding |
| 28th Sep 2006 | 7:05 am | RNS | Interim Results |
| 17th Aug 2006 | 7:01 am | RNS | Directorate Change |
| 8th Aug 2006 | 7:01 am | RNS | Statement Re Jet Fuel Pricing |
| 1st Aug 2006 | 8:15 am | RNS | PSC Transfer Approval |
| 27th Jun 2006 | 4:30 pm | RNS | Award of Share Options |
| 21st Jun 2006 | 2:05 pm | RNS | Result of EGM |
| 21st Jun 2006 | 2:00 pm | RNS | Result of AGM |
| 21st Jun 2006 | 11:00 am | RNS | AGM Statement |
| 7th Jun 2006 | 3:56 pm | RNS | Annual Information Update |
| 24th May 2006 | 7:01 am | RNS | Director/PDMR Shareholding |
| 22nd May 2006 | 3:30 pm | RNS | Notice of EGM |
| 22nd May 2006 | 1:44 pm | RNS | Annual Report 2005 |
| 2nd May 2006 | 10:21 am | RNS | Blocklisting Interim Review |
| 27th Apr 2006 | 7:01 am | RNS | Final Results |
| 18th Apr 2006 | 7:01 am | RNS | Coal Bed Methane Development |
| 22nd Mar 2006 | 7:00 am | RNS | Retirement of Director |
| 24th Feb 2006 | 7:00 am | RNS | Trading Update |
| 31st Oct 2005 | 2:38 pm | RNS | Blocklisting Interim Review |
| 27th Sep 2005 | 7:15 am | RNS | Interim Results |
| 5th Aug 2005 | 7:01 am | RNS | New CNG Station Commissioned |
| 19th Jul 2005 | 7:00 am | RNS | Agreement with FedEx |
| 13th Jul 2005 | 5:11 pm | RNS | Directors' Interests |
| 28th Jun 2005 | 4:11 pm | RNS | Notification of Interest |
| 23rd Jun 2005 | 4:00 pm | RNS | Directors' Options |
| 22nd Jun 2005 | 4:27 pm | RNS | AGM Statement |
| 20th Jun 2005 | 4:13 pm | RNS | Director Shareholding |
| 20th May 2005 | 1:24 pm | RNS | Annual Report and Accounts |
| 18th May 2005 | 7:00 am | RNS | Proposed Board Appointments |
| 29th Apr 2005 | 5:12 pm | RNS | Blocklisting Interim Review |
| 28th Apr 2005 | 7:01 am | RNS | Directorate Change |
| 28th Apr 2005 | 7:00 am | RNS | Final Results |
| 3rd Feb 2005 | 7:00 am | RNS | BlueSky Update |
| 20th Jan 2005 | 5:06 pm | RNS | Clarification of Holding |
| 10th Jan 2005 | 5:48 pm | RNS | Holding(s) in Company |
Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.
To access our Live RNS you must confirm you are a private investor by using the button below.