Primeline Energy Holdings Inc. Company News

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Primeline to Commence Arbitration Against CNOOC Over China's Offshore Block
Wednesday, May 25, 2016Primeline Energy to commence arbitration proceedings against joint venture partner CNOOC under the provisions of the petroleum contract for Block 25/34 in East China Sea.

Primeline Enters into Phase 2 Exploration of Block 33/07 in East China Sea
Thursday, May 05, 2016Primeline Energy enters into the second phase of its exploration commitment for Block 33/07 in East China Sea.

Primeline Begins Arbitration Over Zhejiang Gas' Breach of Sales Contract
Monday, April 18, 2016Primeline Energy commences arbitration proceedings against Zhejiang Gas Natural Gas Development Company over gas sales from the LS36-1 field in East China Sea.

Primeline Drills Dry Well in East China Sea Block 33/07
Wednesday, December 02, 2015Primeline Energy drills dry hole at LS30-3-1 exploration well in Block 33/07 in the East China Sea.

Primeline Spuds LS30-3-1 Prospect in Block 33/07 in East China Sea
Tuesday, November 17, 2015Primeline Energy spuds the LS30-3-1 exploration well in Block 33/07 in the East China Sea.

Primeline Completes Drilling at LS23-1-1 in Block 33/07 in East China Sea
Friday, October 30, 2015Primeline Energy completes drilling at LS23-1-1 well in Block 33/07 in East China Sea, with the jackup to drill LS30-3-1 well soon.

Primeline Secures Contract Extension for Block 33/07 in East China Sea
Wednesday, October 14, 2015Primeline Energy secures an extension to the contract for Block 33/07 in East China Sea to facilitate its exploration drilling program.

Primeline Suspends Planned Merger With Loyz Energy Due to Volatile Market
Thursday, October 01, 2015China-focused Primeline Energy suspends proposed merger with Singapore's Loyz Energy due to current market volatility.

COSL Spuds LS23-1-1 Exploration Well in Block 33/07 in East China Sea
Friday, September 25, 2015China Oilfield Services Ltd. spuds LS23-1-1 exploration well in Block 33/07 in East China Sea for Primeline Energy.

COSL to Drill LS23-1-1 Well in Block 33/07 in East China Sea Shortly
Friday, September 18, 2015China Oilfield Services Ltd. is on track to drill the LS23-1-1 well in East China Sea's Block 33/07 shortly.

Primeline, Loyz Extend Deadline to Reach Agreement on Merger
Monday, August 31, 2015Primeline Energy and Loyz Energy extend deadline to reach agreement for a merger between the two companies.

COSL Signs Contract to Drill 2 Wells in Block 33/07 in East China Sea
Wednesday, August 19, 2015Primeline Energy signs contract for China Oilfield Services Ltd. to drill two wells in Block 33/07 in the East China Sea.

COSL to Drill 2 Wells for Primeline in Block 33/07 Offshore China for $20M
Friday, July 24, 2015Primeline signs letter of intent with China Oilfield Services Ltd. to drill two wells in Block 33/07 in East China Sea for $20 million.

Loyz Energy to Acquire China-Focused Primeline Energy for $145.7M
Wednesday, June 10, 2015Singapore's Loyz Energy to acquire China-focused Primeline Energy for $145.7 million.

Primeline Secures Funds for China's Offshore LS36-1 Gas Field Development
Thursday, November 20, 2014Primeline Energy secures project finance facility to fund its share of the development of LS36-1 gas field offshore Zhejiang province, China.

First Gas Commences at Lishui 36-1 Field Off China's Zhejiang Province
Wednesday, July 30, 2014CNOOC commences first production at the Lishui 36-1 gas field, located offshore Zhejiang province, China.

CNOOC Commences Trial Production at LS36-1 Gas Field Offshore China
Wednesday, July 23, 2014CNOOC commences trial production at LS36-1 gas field offshore Zhejiang province, China.

CNOOC Completes Development Work at LS36-1 Gas Field Off Eastern China
Friday, July 04, 2014Primeline reports that the LS36-1 gas development in Block 25/34 offshore eastern China has been completed, with the field ready for commissioning and first production.

COSL Completes 3D Seismic Survey in Block 33/07 in East China Sea
Wednesday, May 07, 2014China Oilfield Services Ltd. completes 3D seismic survey in Block 33/07 in the East China Sea.

COSL Commences 3D Seismic Survey in Block 33/07 in East China Sea
Wednesday, April 02, 2014Primeline Energy reports that China Oilfield Services Ltd. has commenced 3D seismic survey in Block 33/07 in the East China Sea.