Primeline Energy Holdings Inc. (“Primeline” or the “Company”) (TSXV: PEH) has filed its disclosure and reports relating to its financial year ended March 31, 2010 and its oil and gas information required under National Instrument 51-101. The oil and gas information is included in the Annual Information Form filed by Primeline. Copies of these documents may be obtained via www.SEDAR.com or on Primeline’s website at www.primelineenergy.com.
About Primeline Energy Holdings Inc.
Primeline is an exploration and development company focusing exclusively on China resources to become a major supplier of gas and oil to the East China market. Primeline has a 75% Contractor’s interest and is the operator for exploration in the Petroleum Contract with CNOOC for Block 25/34, an offshore exploration area of 5,221 km2 in the East China Sea. Primeline also has a 36.75% interest in the LS 36-1 gas field in Block 25/34 which is being developed by Primeline together with CNOOC (acting as Operator for the development) and Primeline Petroleum Corporation. CNOOC is proceeding with the preparation of the development and Primeline is leading the exploration effort currently focused on the prospects in the 3D seismic data area where a number of high potential prospects near the LS 36-1 development have been mapped and where the new LS 35-3-1 discovery is located. The new LS 35-3-1 discovery and previously drilled wells in and around Block 25/34 indicate that there is significant hydrocarbon potential in the remainder of the Block. Shares of the Company are listed for trading on the TSX Venture Exchange under the symbol PEH.
ON BEHALF OF PRIMELINE ENERGY HOLDINGS INC.
Ming Wang
Ming Wang
Chief Executive Officer
CONTACT:
Primeline Energy Holdings Inc. | CHF Investor Relations |
Dr. Ming Wang | Robin Cook, |
CEO | Senior Account Manager |
Phone: +44 207.499.8888 | Phone: +1 416.868.1079 |
Fax: +44 207.499.2288 | Fax: +1 416.868.6198 |
Toll Free: 1.877.818.0688 | Email: robin@chfir.com |
Email: IR@pehi.com |
Please visit the Company’s website at www.pehi.com. Should you wish to receive Company news via email, please email chelsea@chfir.com and specify “Primeline Energy” in the subject line.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.