Gas2Grid Limited is an exploration company performing exploratory drilling wells in Philippines, New Zealand and France. During the fiscal year ended June 30, 2007 (fiscal 2007), the Company’s activities were focused on the review and reassessment of the results of the Malolos-1 re-entry and the Nuevo Malolos-1 drilling/testing/swabbing results, and developing programs to progress exploration elsewhere in SC 44, Cebu, Philippines; progressing the application for exploration rights in the St Griede area, north east of Pau on the eastern margin of the Aquitaine Basin, Southwest France, and identification and evaluation of new exploration/appraisal project opportunities, culminating in an agreement to secure participation in the onshore portion of New Zealand, with a drill-ready prospect on the Kate anticline, approximately 50 kilometers north of Christchurch. The Company’s subsidiary includes Gas2Grid Pte Limited. (Source: ARS)
Greka is a vertically-integrated energy company with primary areas of activities in California and long-term in China. The Company is principally focused on exploiting the high cash margin created from the relatively stable natural hedge by its crude production and the asphalt market in Central California.
Roc Oil Company Limited (ROC) is engaged in oil and gas exploration, development and production. During the year ended December 31, 2007, the Company undertook and was involved in a number exploration, development and production operation activities. In particular, Chinese Government approvals were granted for the Incremental Development Plan for the Zhao Dong C and D Oil Fields and the Unit Development Plan for the Zhao Dong C4 Oil Field development in the Bohai Bay, offshore China and work associated with these projects was completed; the Enoch Oil and Gas Field and the Blane Oil Field developments in the North Sea were completed and commenced production; a three well exploration drilling program in the offshore Perth Basin resulted in three discoveries, the commencement of a multi-well exploration drilling program in onshore Angola resulting in a heavy oil discovery with the first well at Massambala-1. (Source: ARS)
Santos Limited is engaged in the exploration, production, production, transportation and marketing of hydrocarbons. The Company operates primarily in Australia but also has international operations in Indonesia, Papua New Guinea, Vietnam, India, Bangladesh, Kyrgyz Republic and Egypt. Santos is domestic gas producer, supplying sales gas to all mainland Australian states and territories, ethane to Sydney, and oil and liquids to domestic and international customers. Through its interest in the Darwin LNG project, the Company produces liquefied natural gas (LNG), which is exported to customers in Japan. (Source: ARS)
PetroChina is one of the largest companies in the People's Republic of China. It is engaged in a broad range of activities related to petroleum and natural gas, including: the exploration, development and production of crude oil and natural gas; the refining, transportation and marketing of crude oil and petroleum products; the production and sale of chemical products; and the transmission, marketing and sale of natural gas.
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