LAKES OIL AND SINOPEC AGREEMENT - 500 Beiträge pro Seite
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ID: 1.058.178
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ISIN: AU000000LKO0 · WKN: 675558 · Symbol: LKOLF
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LAKES OIL AND SINOPEC AGREEMENT
jetzt geht es ans Eingemachte
May 05, 2006
LAKES OIL AND SINOPEC AGREEMENT WKN 675558
Lakes Oil N.L. (ASX listing code "LKO" advises that it has today signed a Memorandum of Understanding with China Petrochemical Corp East China Petroleum Bureau (a subsidiary of "Sinopec" of Beijing. Sinopec is the largest oil and gas company in China.
This agreement covers Lakes Oil\'s onshore Gippsland Basin acreage and agrees that the parties will start commercial negotiations as soon as technical due diligence is completed.
The basis of this agreement is that Sinopec and Lakes Oil will work towards commercialisation of Lakes Oil\'s onshore tight gas resource in the onshore Gippsland Basin and follows a Lakes Oil team visiting Beijing and a delegation from Sinopec currently visiting Victoria.
The agreement is non-binding on both parties and is aimed at co-operation between Sinopec and Lakes Oil to work towards a binding agreement which will allow development of the Lakes Oil\'s Gippsland permits to move forward.
Lakes Oil holds a number of exploration permits in the Gippsland area. Recent drilling of wells in the permits has encountered gas and/or oil.
Yours sincerely
LAKES OIL N.L.
ROBERT J. ANNELLS
Chairman
jetzt geht es ans Eingemachte
May 05, 2006
LAKES OIL AND SINOPEC AGREEMENT WKN 675558
Lakes Oil N.L. (ASX listing code "LKO" advises that it has today signed a Memorandum of Understanding with China Petrochemical Corp East China Petroleum Bureau (a subsidiary of "Sinopec" of Beijing. Sinopec is the largest oil and gas company in China.
This agreement covers Lakes Oil\'s onshore Gippsland Basin acreage and agrees that the parties will start commercial negotiations as soon as technical due diligence is completed.
The basis of this agreement is that Sinopec and Lakes Oil will work towards commercialisation of Lakes Oil\'s onshore tight gas resource in the onshore Gippsland Basin and follows a Lakes Oil team visiting Beijing and a delegation from Sinopec currently visiting Victoria.
The agreement is non-binding on both parties and is aimed at co-operation between Sinopec and Lakes Oil to work towards a binding agreement which will allow development of the Lakes Oil\'s Gippsland permits to move forward.
Lakes Oil holds a number of exploration permits in the Gippsland area. Recent drilling of wells in the permits has encountered gas and/or oil.
Yours sincerely
LAKES OIL N.L.
ROBERT J. ANNELLS
Chairman
Antwort auf Beitrag Nr.: 21.444.198 von hainholz am 05.05.06 13:48:21Hat die Aktie an der OTC nicht gestern auf 0,010 SD geschlossen?
-42%?
-42%?
Antwort auf Beitrag Nr.: 21.444.575 von primas am 05.05.06 14:17:38Otc nicht maßgebend
ATX Aussiland
ATX Aussiland
nette Bewegung rein gekommen
Antwort auf Beitrag Nr.: 21.444.198 von hainholz am 05.05.06 13:48:21
Hallo hainholz, hat mich glatt von den Socken gerissen Sinopec und Lakes Oil .
Wünsche uns allen GUTE GESCHÄFTE
Gruß Walter
Hallo hainholz, hat mich glatt von den Socken gerissen Sinopec und Lakes Oil .
Wünsche uns allen GUTE GESCHÄFTE
Gruß Walter
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