Edition:
United States

Primeline Energy Holdings Inc (PEH.V)

PEH.V on TSX Venture Exchange

0.19CAD
--
Change (% chg)

-- (--)
Prev Close
$0.19
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
65,623
52-wk High
$0.30
52-wk Low
$0.05

Latest Key Developments (Source: Significant Developments)

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

Primeline Energy Holdings Inc obtains contract extension
Tuesday, 13 Oct 2015 07:00am EDT 

Primeline Energy Holdings Inc:Says China national offshore oil corp has agreed to extend exploration period under petroleum contract for block 33/07.Amendment agreement extends exploration period to 7.5 years.  Full Article

Primeline Energy Holdings Inc signed memorandum of understanding to merge with Loyz Energy Ltd
Tuesday, 9 Jun 2015 06:30am EDT 

Primeline Energy Holdings Inc:Says signed memorandum of understanding to merge with Loyz Energy Ltd.Says merger will result in creation of pan-asia/pacific oil and gas company.Merger of two companies is proposed to be effected by way of scheme of arrangement under Cayman Islands law.Says Loyz would acquire all of ordinary shares of Primeline by issuing Loyz shares.Consideration to be received by Primeline shareholders for shares of Primeline has been fixed at C$1.01 per ordinary share.Says consideration to be received by Primeline shareholders to be satisfied by issue of shares of Loyz at S$0.11 per Loyz share.  Full Article

Primeline Energy Holdings Inc signs binding agreement for $20 mln of convertible bonds
Friday, 5 Jun 2015 10:56am EDT 

Primeline Energy Holdings Inc:Says signed binding subscription agreement with GEMS for the issue of $20 million of convertible bonds.Says bonds are to be issued in two tranches, each being $10 million.Says convertible bonds to provide funds for the forthcoming exciting exploration programme in block 33/07.  Full Article

More From Around the Web