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Key Milestones


We achieved our first pilot commercial sales for the Panzhuang concession.

We began pilot commercial sales to ENN Energy.

As of December 31, 2008, as certified by NSAI, the Panzhuang and Mabi concessions had a total estimated 56.4 bcf of gross proved reserves (1P), 262.1 bcf of gross proved and probable reserves (2P) and 558.4 bcf of gross possible reserves, among which net reserves of 25.5 bcf, 120.2 bcf and 305.9 bcf, respectively, were attributable to us under the PSC.