AAG Energy Holdings and its subsidiaries are principally engaged in the exploration, development and production of coalbed methane in the People's Republic of China ("PRC"). Co. is focused on the development and value optimization of unconventional gas resources to provide clean energy. Co. conducts its business through two major production assets, Panzhuang and Mabi concessions, which are located in the southwestern part of Shanxi Province in the PRC. As of Dec 31 2016, net proved and probable reserve for natural gas was 697.8 billion cubic feet.
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