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CBM Asia Completes Drilling Phase Of Its Indonesian CBM Project

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January 19, 2011

CBM Asia Development Corp. (TSX:TCF) has successfully completed the drilling phase of its Sekayu coalbed methane (CBM) project in South Sumatra, Indonesia.

Jakarta-based PT Medco CBM Sekayu (MedcoEnergi), a wholly owned subsidiary of PT Medco Energi CBM Indonesia, is the operating partner of the Sekayu production sharing contract, in which CBM Asia holds the right to ...

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