Fortune Oil

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.

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.

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.

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.

Wednesday, April 28, 2010 Fortune Oil reported its results for the financial year ending December 31, 2009.

Wednesday, April 28, 2010 Fortune Oil announced changes to the Board.

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.

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.

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.

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.

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.

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.

Tuesday, November 07, 2006 Fortune Oil said that its first coal bed methane well was spudded in Liulin on Tuesday.

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.

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.

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.

Wednesday, November 26, 2003 Fortune Oil and CNPC will form a joint venture to own and operate four natural gas pipelines in China.

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.