An MOU with CUCBM to market pilot production gas is quite significant imo.
Harper is positioning SEH as an early gas producer and has inked this MOU with the biggest unconventional gas operator in China. It means SEH has developed ties to a large state run enterprise with a clear mandate to accelerate the production and distribution of gas within china. CUCBM are building the pipelines to take gas to market etc and have first mover advantage in China having originally been the only enterprise who was endorded by the state to negotiate jv's for cbm development in china
Granted this is not as good as the pending announcement of flow rates for TB-08..but its an important step imo
An MOU with CUCBM to market pilot production gas is quite...
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