Cbm Asia Development Corp. (CBMDF)

Overview

CBM Asia Development Corp. is a business entity engaged in the acquisition and exploration of coalbed methane (CBM) resources. With its operational base in Vancouver, Canada, the corporation extends its ventures to Indonesia, where it holds substantial interests. It owns stakes in five production sharing contracts specifically designed for CBM exploration and extraction. Further solidifying its presence in the industry, CBM Asia Development Corp. collaborates on a joint study covering a vast expanse of 6,863 square kilometers. This strategic positioning within the Indonesian archipelago underscores the company's commitment to harnessing and developing coalbed methane as a significant energy resource.

Products and Services

• Acquisition and Exploration of CBM Properties:

  CBM Asia Development Corp. specializes in identifying, acquiring, and conducting exploratory operations on coalbed methane properties. This entails a comprehensive process of geological surveying, evaluation, and the application of modern exploration techniques to ascertain the viability and potential of CBM sites.

• Production Sharing Contracts:

  The company engages in securing and managing production sharing contracts that allow it to explore, develop, and produce coalbed methane. These contracts are legal agreements with the Indonesian government or other entities, providing CBM Asia Development Corp. with the rights to exploit CBM resources in exchange for a share of the production output.

• Joint Studies:

  Collaboration is fundamental to the company’s strategy, evident through its participation in joint studies. In partnership with other entities, CBM Asia Development Corp. conducts detailed research and analysis to evaluate CBM prospects. These studies are essential for understanding the geological and commercial feasibility of developing CBM resources in targeted areas.