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Key Milestones

2004-2006


 

AACI entered into the Mabi PSC. AAGI was established by AACI to focus on new CBM opportunities in China. AAGI acquired all rights and obligations under the Mabi PSC from AACI.

AAGI was spun off from AACI.AAGI acquired SAE, the foreign contractor of the Panzhuang PSC.

We drilled the first group of six MLD wells in the Panzhuang concession, making us the first CBM commercial developer to successfully implement MLD technology in China.