www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Companies

Geo-Jade eyes Shanghai Longzhou Xinke purchase

By Yang Ziman (China Daily) Updated: 2016-03-22 09:08

Geo-Jade Petroleum Corp, a Chinese petroleum explorer, announced a plan on Sunday to purchase a Shanghai-based firm with overseas oil and gas assets worth 8.2 billion yuan ($1.27 billion).

Geo-Jade is a Beijing-based oil and gas exploration and development enterprise with a total acreage of nearly 30,000 square kilometers and an annual oil output more than 500,000 metric tons.

The company has suspended trading on the stock market for half a year. It now plans to issue 1.2 billion shares at 6.83 yuan per share to buy 99.99 percent of the shares of Shanghai Longzhou Xinke through private replacement.

Geo-Jade plans to purchase Shanghai Longzhou Xinke Co Ltd, a power investment company for purchasing overseas assets, was founded in 2015. Longzhou Xinke currently has three target assets overseas, including Canada's Bankers Petroleum Ltd estimated at 2.98 billion yuan. Other overseas assets targeted by Longzhou Xinke are estimated at 4.6 to 4.9 billion yuan.

Bankers Petroleum is listed in Canada and Britain. Longzhou Xinke can only purchase it when it has been privatized.

Bankers Petroleum mainly operates three oilfields in Albania-Patos-Marinza, Kucova and Block F. Patos-Marinza and Kucova are producing oil, while Block F is still being prospected.

Geo-Jade also plans to raise 7 billion yuan among its major shareholders for the construction of Longzhou Xinke's targeted projects, replenishing the company's cash flow and the payment for intermediary agencies.

The company said that if the purchase is successful, it will boost the company's oil and gas reserves, speed up the capacity building and push its annual oil output up to 5 million tons.

"Oil prices have been falling in recent years, which has created opportunities for mergers and acquisitions in the industry," said Lin Boqiang, director of the China Center for Energy Economics Research at Xiamen University.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 久久久久久88色愉愉 | 美国美女一级毛片免费全 | 久草在线视频在线观看 | 中文字幕日本不卡 | 美女很黄免费 | 国产91在线精品 | 亚洲国产亚洲片在线观看播放 | 久久精品在线 | 日韩一区二区不卡中文字幕 | 色欧美与xxxxx | 欧美人成在线观看 | 国产免费久久精品99re丫y | 亚洲国产美女视频 | 久久久久久久久影院 | 国产一级一国产一级毛片 | www.精品 | 在线看片a | 中文精品99久久国产 | 久草资源在线播放 | 中国女人毛茸茸免费视频 | 亚洲精国产一区二区三区 | 午夜嘿咻| 国内精品小视频福利网址 | 亚洲视频综合网 | 欧美一级毛片特黄大 | 久久国产情侣 | 一级做a爰片久久毛片鸭王 一级做a爰全过程免费视频毛片 | 中文一级毛片 | 日日碰碰 | 亚洲天堂男人 | a国产| 色成人亚洲 | 欧美一区二区三区国产精品 | 亚洲一区二区三区精品国产 | aaaaaa精品视频在线观看 | 久久精品a | 99久久国产 | 欧美成人久久久免费播放 | 成人做爰视频www片 成人做爰视频www视频 | 国产孕妇孕交一级毛片 | 欧美成人tv在线观看免费 |