Ann: Sino Gas - Funding for PSC Projects Imminent, page-5

re: Ann: Sino Gas - Funding for PSC Projects ... Wannaberich,

It is also worth noting that when SEH first floated they were to hold 50% of the leases. They then managed to acquire the balance and so effectively they have sold this interest for $100 Mill. Importantly these funds now will allow the project to move forward to production and hopefully substantial revenues, even for their 49%. And this will hopefully be refected in a significantly higher SP.