G3 Exploration Ltd. Stock Analysis G3E.L

G3 Exploration Ltd. operates as an investment holding company, which engages in the production, development, distribution and sale of natural gas from coal seams or coal bed methane. The company is headquartered in George Town, Grand Cayman. The company went IPO on 2006-08-17. The firm is an independent gas producer with operations in China. The firm is a gas supplier based in China with a focus on the production, development, production, distribution, and sales of natural gas from coal seams, commonly known as coal bed methane (CBM). The company has 409 BCF of 2P reserves and 2,085 BCF of 3P reserves across eight production blocks covering over 7,566 square kilometers (km2) of licensed area in the Shanxi, Jiangxi, Anhui and Guizhou provinces. The company holds six Production Sharing Agreements with highly capitalized Chinese partners, including CNOOC, CNPC and PetroChina, and has infrastructure in place to support multiple routes to monetize gas production. The firm is committed to an exploration and appraisal focused business plan in coal bed methane development across three geographies concurrently. The company has a track record and demonstrates expertise in gas monetization through three basic principles.