http://www.mzcan.com/hongkong/01555/announce/80/EN/EW01555_CHH27M8DhIr3.pdf
An interesting aspect of this announcement is that MIE holdings has successfully been developing horizontal well drilling and multi-zone fracturing techniques in China and US and this has the potential to enhance well rate and gas discovery.
13 out of 13 for SEH with wells drilled so far. An increase in recovery rates is a bonus.
mie holdings jumps 8.7%, page-3
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