Enviro Energy International Holdings Limited (“Enviro Energy International” or the “Company”) is a rapidly growing up-stream petroleum and natural gas development company listed on the Growth Enterprise Market in Hong Kong. With a world-class management team at the helm, we aim to build shareholder value by exploring, developing and producing energy resources while pioneering innovative high-tech exploration and enhanced-recovery production technologies to reduce greenhouse gas emissions (GHG).
We are currently focused on developing 653 sq km of coalbed methane (CBM) land in Western China along the Southern Junggar Basin. Estimated to contain a significant amount of natural gas, the project is the first ever CBM Production Sharing Contract (PSC) signed between China United Coalbed Methane Corporation Limited (CUCBM) and a foreign company to date. Administration of the PSC was passed to PetroChina Coalbed Methane Company Ltd., a subsidiary of China National Petroleum Corporation. In addition, the Company through its wholly-owned subsidiary operates a 50% joint venture partnership with PetroChina Company Limited (PetroChina) on the Qian An Oilfields. Located in Jilin Province, the block covers an area of 15 sq km with 21.7 Mmbbl original oil in place (OIP).
Enviro Energy International has strong partnerships with up-stream associated businesses such as seismic and drilling contractors, service rig operators, engineering firms and various scientific, technical, service and supply companies. Enviro Energy International is well positioned to emerge as a major international oil and natural gas producer. Alongside significant conventional and non-conventional resource development initiatives in China, our vision remains to implement commercial viable Carbon Capture and Storage (CCS) projects to enhance coalbed methane (ECBM) production and enhance oil recovery (EOR) from depleted oilfields.
Competitive Advantage
Enviro Energy International is leading the way in technologically innovative methods designed to improve reserves of existing oil pools and to enhance the recovery of CBM while significantly minimizing GHG emissions. By applying the latest CO2 Geological Sequestration Technology, the Company aims to implement projects that promote sustainable development in China.
- Industry Pioneer with Diversified Resource Base
- Proven and Strong Execution Capabilities
- Favorable Market Dynamics
- Technologies for Tomorrow's E&P Paradigms
- Experienced Management and Operating Team
