Fortune Liulin Gas Aims for ODP Approval for Chinese CBM Project by 2014
Thursday, September 06, 2012 Fortune Liulin Gas ? a joint venture between Dart and Fortune ? is gunning to secure ODP approval for the Liulin CBM project in Shanxi by 2014.
China's CBM Industry: Slow and Steady Progress
Wednesday, September 05, 2012 China's CBM industry is showing signs of steadfast rise. The awarding of the first ever overall development plan has excited existing players, with a few of them gearing up for commercial production by 2013.
FOGC Appoints New CEO
Monday, March 28, 2011 Fortune O&G has appointed Serge S. Acimovic as its new president and chief executive officer to take the reins of FOGC.
Fortune Oil Acquires Natural Gas, LNG Businesses
Wednesday, September 01, 2010 Fortune Oil has entered into an agreement with Everthriving Investment to acquire 65% of the share capital of 3 of its subsidiaries.
Fortune Oil Highlight 2009 Financial, Operational Results
Wednesday, April 28, 2010 Fortune Oil reported its results for the financial year ending December 31, 2009.
Fortune Oil Shuffles Management
Wednesday, April 28, 2010 Fortune Oil announced changes to the Board.
Fortune Oil Posts Third Quarter Operational Statement
Monday, November 10, 2008 Fortune Oil has announced the Interim Management Statement for the period July 1, 2008 to date, which included third quarter operational highlights for gas distribution and the oil sector.
Wilmar to Invest $36MM in Fortune Gas
Wednesday, October 29, 2008 Fortune Oil has announced the finalization of a Shareholders Agreement and fulfilment of all conditions precedent for Wilmar International to invest US $36 million in Fortune Gas.
Fortune Oil Appoints New Executive Directors
Thursday, June 26, 2008 Fortune Oil PLC announced the appointment of two Executive Directors, with immediate effect, following the Board meeting on June 25, 2008.
Fortune Secures $50M Loan Facility
Thursday, April 26, 2007 Fortune Oil PLC has signed a US$50-million loan facility for Fortune Oil PRC Holdings Limited, its principal holding company in Hong Kong.
Fortune: Better-than-Expected CBM Bounty at Liulin
Monday, January 29, 2007 Fortune Oil has announced the results of a comprehensive geological study of Liulin CBM block commissioned by its subsidiary Fortune Liulin Gas.
Fortune Completes Second Pilot Well in Liulin
Monday, January 22, 2007 Fortune Oil said that the Fortune Liulin Gas subsidiary has completed the drilling of its first two pilot production wells for coal bed methane (CBM) in the Liulin block, Shanxi Province, China.
Fortune Commences CBM Drilling in China
Tuesday, November 07, 2006 Fortune Oil said that its first coal bed methane well was spudded in Liulin on Tuesday.
Fortune Garners Liulin CBM Rights
Tuesday, August 01, 2006 Fortune Oil PLC said that the Chinese Ministry of Commerce has approved the transfer of the foreign contractor rights in the Liulin block Production Sharing Contract (PSC) for coal bed methane (CBM) to Fortune Liulin Gas Co. Limited.
Fortune Oil to Develop CBM Reserves in China
Tuesday, April 18, 2006 Fortune Oil has entered into a conditional agreement to take a 60% interest in a company formed to develop coal bed methane gas reserves in the Liulin block in Shanxi Province, China.
Fortune Oil to List Additional Shares
Thursday, March 25, 2004 Fortune Oil has received formal notification from First Level Holdings Ltd and Vitol S.A of their intention to convert all their holding of unsecured convertible loan stock 2004 into new ordinary shares of the Company at the next conversion date of April 30, 2004.
Fortune Oil Completes Pipeline Joint Venture with CNPC
Wednesday, November 26, 2003 Fortune Oil and CNPC will form a joint venture to own and operate four natural gas pipelines in China.
Fortune Oil Takes Stake in CNPC Pipelines
Friday, June 27, 2003 Fortune has agreed to take up to an 80 percent share in a joint venture with China National Petroleum Corporation, which will own and operate four distribution pipelines.