Update on Award in CNOOC Arbitration Not for distribution to the U.S. news wire services, or dissemination in the United States. HONG KONG, Jan. 09, 2020 (GLOBE NEWSWIRE) -- Primeline Energy Holdings Inc. (“Primeline” or the “Company”), listed on the TSX Venture Exchange under the trading symbol “PEH”, is announcing an update regarding its previously announced arbitration with China National Offshore Oil Corp. and CNOOC China Ltd. (the “CNOOC Arbitration”). Primeline announced in its press release of September 16, 2019, that based upon communications between its lawyers in the CNOOC Ar...
Update on Award in CNOOC Arbitration Not for distribution to the U.S. news wire services, or dissemination in the United States. HONG KONG, Sept. 16, 2019 (GLOBE NEWSWIRE) -- Primeline Energy Holdings Inc. (“Primeline” or the “Company”), listed on the TSX Venture Exchange Inc. under the trading symbol “PEH”, is announcing an update regarding its previously announced arbitration with China National Offshore Oil Corp. (“CNOOC”) and CNOOC China Ltd. (the “CNOOC Arbitration”). As announced in Primeline’s press release of May 21, 2019, the arbitral tribunal had at that time indicated that ...
Extension of Bonds Not for distribution to the U.S. news wire services, or dissemination in the United States. HONG KONG, Aug. 19, 2019 (GLOBE NEWSWIRE) -- Primeline Energy Holdings Inc. (“Primeline” or the “Company”), listed on the TSX Venture Exchange Inc. (the “TSX-V”) under the trading symbol “PEH”, announced today that through the continuing support of its Chairman and major shareholder, Mr. Victor Hwang, the maturity date of of US$11,300,000 principal amount of bonds (the “2018 Bonds”) issued to Primeline International (Holdings) Inc., a company wholly-owned by Mr. Hwang effective ...
Primeline Appoints Interim CEO Not for distribution to the U.S. news wire services, or dissemination in the United States. HONG KONG, March 28, 2019 (GLOBE NEWSWIRE) -- Primeline Energy Holdings Inc. (“Primeline” or the “Company”), listed on the TSX Venture Exchange Inc. under the trading symbol “PEH”, announced today that Dr. Ming Wang has stepped down as CEO of the Company and the Board has appointed Andrew Biggs as the interim CEO to lead the company through the current stage. Dr. Wang has been a director of the company since 2000, and CEO for almost 13 years, since 2006, previously ...
Primeline Energy Issues 3,813,003 Shares to PIHI Not for distribution to U.S. news wire services, or dissemination in the United States. HONG KONG, March 28, 2019 (GLOBE NEWSWIRE) -- Primeline Energy Holdings Inc. (the “Company”) (TSX.V: PEH) today announced it will issue 3,813,003 new Ordinary Shares of Primeline (“Shares”) to Primeline International (Holdings) Inc. (‘‘PIHI’’). 2,091,599 Shares will be issued in payment of a portion of interest due on US$11.3 million principal amount Convertible Bonds (the “New Bonds”) and 1,721,404 Shares will be issued in payment of a portion of ...
Primeline Announces Production Update, Repayment of Bonds and Bank Loan Adjustment Not for distribution to the U.S. news wire services, or dissemination in the United States. HONG KONG, Nov. 19, 2018 (GLOBE NEWSWIRE) -- Primeline Energy Holdings Inc. (“Primeline” or the “Company”), listed on the TSX Venture Exchange Inc. (the “TSX-V”) under the trading symbol “PEH”, announced today an update on production from the LS36-1 gas field (the “Gas Field”), its resolution of various financial issues and an update on the final stage of Primeline’s arbitration (the “CNOOC Arbitration”) with CNOOC...
Primeline Energy Holdings Inc. Announces Grant of Stock Options Not for distribution to the U.S. news wire services, or dissemination in the United States. HONG KONG, Aug. 23, 2018 (GLOBE NEWSWIRE) -- Primeline Energy Holdings Inc. (“Primeline” or the “Company”), today announced that the Board of Directors of the Company, based on the recommendations of the Compensation Committee, has granted stock options to directors, officers, employees and consultants to purchase a total of 12,600,000 common shares at $0.09 per share exercisable until August 23, 2023 under its “rolling 10%” option p...
Primeline Announces Repayment of Tranche A Bonds Not for distribution to the U.S. news wire services, or dissemination in the United States. HONG KONG, Aug. 15, 2018 (GLOBE NEWSWIRE) -- Primeline Energy Holdings Inc. (“Primeline” or the “Company”), listed on the TSX Venture Exchange Inc. (the “TSX-V”) under the trading symbol “PEH”, announced today that, through the support of its Chairman and major shareholder, it has repaid its outstanding US$ 10 million principal amount Tranche A Bonds (the “Tranche A Bonds”) issued to GRF Prime Limited (“GRF Prime”), in accordance with their terms, ...
Primeline Files 2018 Annual Result and Account Not for distribution to the U.S. newswires services, or dissemination in the United States. HONG KONG, July 25, 2018 (GLOBE NEWSWIRE) -- Primeline Energy Holdings Inc. ("Primeline" or the "Company") (TSXV:PEH) today announced that it has filed its annual audited financial statements for the year ended March 31, 2018 and related management discussion and analysis, and its annual reserve audit by McDaniel. Copies of these documents may be obtained at under Primeline’s profile or on Primeline’s website at About Primeline Energy Holdings Inc....
Summary Primeline Energy Holdings Inc (Primeline Energy) is an oil and gas company that acquires and explores crude oil and natural gas properties across China. The company owns and operates exploration and development rights in two offshore blocks in the East China Sea. Its Block 33/07 project covers the Lishui Basin in the East China Sea. Primeline Energy has interest in the producing LS36-1 gas field in Block 25/3 and develops offshore platform and subsea pipeline in LS36-1 gas field. The co...
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