It will be interesting to see how far CRR approval kicks the share price along. It absolutely proves the Chinese are supportive of developing their CBM reserves and that they are happy to allow international companies to assist them in doing this. I always believed getting CRR approval for Linxing East was always going to be harder than West and SJB. The time frame for approval has been reasonable as well - approximately 9months, so hopefully the next two CRR submissions should be a little faster. Maybe all PSC's approved for ODP submission by mid 2015 which would be awesome.
Congrat's to SEH management.
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