HYT 2.50% 3.9¢ hyterra ltd

"Green Dragon Gas is the largest independent producer and...

  1. 3,968 Posts.
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    "Green Dragon Gas is the largest independent producer and distributor of Coal Bed Methane in China. Our core asset value proposition extends over Six Production Sharing Contracts (PSC’s) over seven blocks, two of which are in production."

    Compare that to TNP's soon-to-be acquisition

    • One block with 7 x wells already on test production
    •One block with 2 x wells on test production with near - term full field development plan underway
    • A first right of refusal over two undeveloped blocks

    From a simple google search, this coy is worth ~370m GBP (~$600m Aud)
 
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