Primeline and China National Offshore Signs Petroleum Contract

- June 18th, 2012

Primeline Energy Holdings Inc.(TSXV:PEH) reported that Primeline and China National Offshore Oil Corporation signed Petroleum Contract for Block 33/07 on 15th June 2012.

Primeline Energy Holdings Inc.(TSXV:PEH) reported that Primeline and China National Offshore Oil Corporation signed Petroleum Contract for Block 33/07 on 15th June 2012.

As quoted in the press release:

Primeline and CNOOC now have two Petroleum Contracts in which Primeline Energy China Ltd. (“PECL”), a wholly owned subsidiary of the Company, and Primeline Petroleum Corp. (“PPC”), an affiliated company, are the “Contractors”.

Click here to read the Primeline Energy Holdings Inc.(TSXV:PEH) press release.

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