CBM Asia Development Corp.
TCF:TSX.V
CBM Asia Development Corp. is a coal bed methane (CBM) exploration company focused solely on Indonesia, where some 450 Tcf of gas-in-place has been identified. The company has five production-sharing contracts and two joint studies with a gross area of 1.4M acres. To date, CBM Asia has drilled seven CBM wells, achieved gas to surface and plans to bring first gas to production in 2013.
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