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Primeline Energy Holdings Inc (PEH.V)

PEH.V on TSX Venture Exchange

0.09CAD
17 Oct 2017
Change (% chg)

$-0.01 (-10.00%)
Prev Close
$0.10
Open
$0.09
Day's High
$0.09
Day's Low
$0.09
Volume
208,500
Avg. Vol
18,918
52-wk High
$0.30
52-wk Low
$0.05

Latest Key Developments (Source: Significant Developments)

Primeline Energy issues shares to GRF
Friday, 16 Jun 2017 08:19am EDT 

June 16 (Reuters) - Primeline Energy Holdings Inc ::Primeline Energy issues 825,563 shares to GRF.Primeline Energy Holdings Inc - shares are payment of a portion of interest accrued on US$18 million principal amount convertible bonds issued to GRF.Primeline Energy Holdings Inc - shares will be issued at a deemed price of CAD$0.18 per share, yesterday's closing TSX-V price.Primeline Energy Holdings - interest is payable on the convertible bonds quarterly at 7% per annum, of which 4.5% is payable in cash and 2.5% in shares.  Full Article

Primeline Energy Holdings receives settlement payment of Zhejiang Gas Dispute
Friday, 24 Mar 2017 12:40pm EDT 

Primeline Energy Holdings Inc : Primeline receives settlement payment of Zhejiang Gas Dispute . China International Economic & Trade Arbitration Commission formally confirmed termination of arbitration proceedings on March 21 . Primeline has received today RMB 256 million .Co received RMB 12 million relating to difference between agreed price and price previously paid from Jan 1 to Feb 28, 2017.  Full Article

Primeline qtrly volumes about 89 pct
Wednesday, 1 Mar 2017 05:19pm EST 

Primeline Energy Holdings Inc : Primeline Q3 results . Primeline Energy Holdings Inc- total oil and gas revenue recognized for quarter was RMB94 million as compared to RMB86 million previous year .Qtrly volumes were about 89% higher than 34.06 mmcm in previous quarter.  Full Article

Primeline Energy Holdings resolves Zhejiang Gas dispute
Wednesday, 1 Mar 2017 12:21pm EST 

Primeline Energy Holdings Inc : Says settlement of dispute with Zhejiang Natural Gas Development Company in relation to gas sales contract for LS36-1 . Under settlement agreement, co will receive approximately RMB 256 million net of VAT .Settlement does not affect or halt previously announced ongoing arbitration against CNOOC, CCL under petroleum contract.  Full Article

Primeline says China Oilfield Services has commenced arbitration proceedings against co's unit
Tuesday, 6 Sep 2016 05:07pm EDT 

Primeline Energy Holdings Inc : China Oilfield Services Limited has commenced arbitration proceedings against co's Unit Primeline Energy Operations International . Amount claimed by COSL in COSL arbitration against PEOIL is rmb119 million, or about cad $22.8 million . Arbitration in relation to a claim for payment under previously announced turnkey drilling contract dated August 14, 2015 between COSL and PEOIL . Total amount outstanding and due from Zhejiang Gas as of end of August under gas sales contract is estimated to be rmb 435 million .Drilling contract relates to two wells drilled by COSL for peoil as operator in block 33/07 in late 2015..  Full Article

Primeline Energy files notice of arbitration against CNOOC
Thursday, 9 Jun 2016 08:24am EDT 

Primeline Energy Holdings Inc : Primeline files notice of arbitration against CNOOC .Primeline's statement of claim will be submitted when tribunal is formed.  Full Article

Primeline says plans to start arbitration proceedings against CNOOC
Tuesday, 24 May 2016 08:00am EDT 

Primeline Energy Holdings Inc :Sent notice of intention to commence arbitration proceedings against CNOOC group under provisions of petroleum contract for block 25/34.  Full Article

BRIEF-Primeline Energy issues shares to GRF

* Primeline Energy Holdings Inc - shares are payment of a portion of interest accrued on US$18 million principal amount convertible bonds issued to GRF