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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| G3 Exploration Limited | LSE:G3E | London | Ordinary Share | KYG409381053 | ORD USD0.0001 (DI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 28.10 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
TIDMG3E
RNS Number : 0414N
G3 Exploration Limited
03 May 2018
3 May 2018
G3 EXPLORATION LTD.
("G3 Exploration", "G3E" or the "Company")
Report on Payments to Governments for the year 2016
G3 Exploration Ltd. (LSE: G3E) has prepared the following report in respect of payments made to governments during the year ended 31 December 2016. The information is provided in accordance with the Reports on Payments to Governments Regulations 2014 (2014/3209) and DTR 4.3A of the Financial Conduct Authority's Disclosure and Transparency Rules.
Under the requirements of the DTR, payments to State Owned Enterprises are classified as payments to Governments.
Hot Features
Premium
Contract Taxes Royalty Production Infrastructure Licence Total
counterparty/ entitlement cost fees
project
--------------------
(USD'000) (USD'000) (USD'000) (USD'000) (USD'000) (USD'000)
-------------------- ---------------------------- ---------------------------- ------------------------------ -------------------------- --------------------------- -------------------------
China National Offshore Oil Company (CNOOC)
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Shizhuang South
(GSS) 839 - - 26 - 865
-------------------- ---------------------------- ---------------------------- ------------------------------ -------------------------- --------------------------- -------------------------
Shizhuang North - - - - -
(GSN)
-------------------- ---------------------------- ---------------------------- ------------------------------ -------------------------- --------------------------- -------------------------
Qinyan (GQY) 0 - - - - 0
-------------------- ---------------------------- ---------------------------- ------------------------------ -------------------------- --------------------------- -------------------------
Panxie East (GPX) 0 - - - - 0
-------------------- ---------------------------- ---------------------------- ------------------------------ -------------------------- --------------------------- -------------------------
Fengcheng (GFC) 0 - - - - 0
-------------------- ---------------------------- ---------------------------- ------------------------------ -------------------------- --------------------------- -------------------------
Total CNOOC 839 - - 26 - 865
-------------------- ---------------------------- ---------------------------- ------------------------------ -------------------------- --------------------------- -------------------------
Contracts with PetroChina
------------------------------------------------------------------------------------------------------------------------------------------------------------------------- -------------------------
Chengzhuang (GCZ) 16 - - - 75 92
-------------------- ---------------------------- ---------------------------- ------------------------------ -------------------------- --------------------------- -------------------------
Boatian-Qingshan
(GGZ) 1 - - - 172 173
-------------------- ---------------------------- ---------------------------- ------------------------------ -------------------------- --------------------------- -------------------------
Total PetroChina 17 - - - 248 265
-------------------- ---------------------------- ---------------------------- ------------------------------ -------------------------- --------------------------- -------------------------
TOTAL (ALL PRC) 856 - - 26 248 1,130
-------------------- ---------------------------- ---------------------------- ------------------------------ -------------------------- --------------------------- -------------------------
The contracts that G3E operates under do not include provision for contract bonuses (signature, discovery, production) nor are any dividends paid from ventures.
For further information on the Company and its activities, please refer to the website at http://www.g3-ex.com/or contact:
FTI Consulting: Edward Westropp/Kim Camilleri Tel: +44 20 3727 1000
About G3 Exploration Ltd.
An independent specialist in the exploration and development of coal bed methane gas (CBM); G3 Exploration has accumulated a unique wealth of experience through its significant 25 year track record of technology-led exploration and drilling success in CBM, across different geographies.
G3 Exploration's intention is to leverage its expertise, monetise its current 7112km(2) acreage position in mainland China and widen its asset portfolio into other prospective geographies across Africa, Europe and Asia, utilising its proprietary knowledge and experience in exploiting CBM resources. Furthermore, G3 Exploration has interests in Green Dragon Gas, which comprises of two producing assets with an acreage of 455km(2) in Shanxi province, China.
G3 Exploration is listed on the main market of the London Stock Exchange (LSE: G3E).
This information is provided by RNS
The company news service from the London Stock Exchange
END
PGREAESDELPPEFF
(END) Dow Jones Newswires
May 03, 2018 07:21 ET (11:21 GMT)
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