Highlights
ASX: SEH       SINO GAS & ENERGY HOLDINGS LIMITED
Last Price Today's Change   Day's Range   Trading Volume
0.097   0.00 (0.00%)  0.096 - 0.10  118,565

Overview

 
Avg Volume (4 weeks):2,439,042
4 Weeks Range:0.087 - 0.105
4 Weeks Price Volatility (%):
55.56%
52 Weeks Range:0.073 - 0.14
52 Weeks Price Volatility (%):
35.82%
Average Price Target: 0.40
Price Target Upside/Downside: +0.303

Headlines



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Business Background

Sino Gas & Energy Holdings Limited (Sino Gas) is an Australian energy company focused on developing unconventional gas assets in China. Sino Gas holds a 49% joint venture interest in Sino Gas & Energy Limited (SGE) through a partnership with MIE Holdings Corporation (MIE), which is the operator of the Linxing and Sanjiaobei Production Sharing Contracts (PSCs) in the Ordos Basin, Shanxi province. SGE has a 64.75% interest in the Linxing PSC, partnered with CUCBM, a subsidiary of CNOOC, and a 49% interest in the Sanjiaobei PSC, partnered with PetroChina CBM, a subsidiary of CNPC. The PSCs are located in the Ordos Basin in China and cover an area of approximately 3,000 square kilometers (km2). Sino Gas holds a 31.7% working interest in the Linxing PSC and a 24% working interest in the Sanjiaobei PSC. The Linxing PSC is split into Linxing East (1,301 km2) and Linxing West (573 km2). Sanjiaobei covers 1,123.93 km2.

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