IEV - PROMISING TURNAROUND COMPANY

ZEN
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10 years 1 week ago - 10 years 1 week ago #19723 by ZEN

IEV - PROMISING TURNAROUND COMPANY was created by ZEN

Stock apparently bottomed out after falling from over $1

Recently company made significant progress in contracts win and disposal gain in associate company

May be time to invest in it at rock bottom price

Last edit: 10 years 1 week ago by ZEN.

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10 years 1 week ago #19728 by ZEN

Replied by ZEN on topic IEV - PROMISING TURNAROUND COMPANY

PT IEV GAS (IEV GAS) is currently undertaking its first exploration and production activities for a 15- year concession period. The onshore project was awarded by Pertamina EP, a subsidiary of PT. Pertamina (PERSERO) , for the Pabuaran Block on 16 February 2012 through the Kerjasama Operasi (KSO) also known as the "Operation Coorperation" program. The block is located 90 km east of Jakarta in the Subang district, West Java, Indonesia with a total acreage of oabout 77.036 square km.

PROJECT DETAILS

Project Name : Pabuaran KSO Project (“KSO”)
Location : Subang Region, West Java Island, Indonesia (approx. 90km east of Jakarta)

Block Partner : PT. PERTAMINA EP

Tenure : 15 years

Type : Exploration and production of an oil and gas block.

CAPEX : Seismic surveys, drilling, workover, treatment and productions facilities.

Start date : 3rd Quarter 2012.

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10 years 1 week ago #19733 by ZEN

Replied by ZEN on topic IEV - PROMISING TURNAROUND COMPANY

THE LOADING STARTED ALREADY

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10 years 1 week ago #19743 by ZEN

Replied by ZEN on topic IEV - PROMISING TURNAROUND COMPANY

Biomass power generation should be ready in time by year end in Vietnam .

LOAD UP !

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10 years 1 week ago #19744 by ZEN

Replied by ZEN on topic IEV - PROMISING TURNAROUND COMPANY

Being an agricultural country, Vietnam has very good biomass energy potential. Agricultural wastes are most abundant in the Mekong Delta region with approximately 50% of the amount of the whole country and Red River Delta with 15%. Major biomass resources includes rice husk from paddy milling stations, bagasse from sugar factories, coffee husk from coffee processing plants in the Central Highlands and wood chip from wood processing industries. Vietnam has set a target of having a combined capacity of 500 MW of biomass power by 2020, which is raised to 2,000 MW in 2030.

Rice husk and bagasse are the biomass resources with the greatest economic potential, estimated at 50 MW and 150 MW respectively. Biomass fuels sources that can also be developed include forest wood, rubber wood, logging residues, saw mill residues, sugar cane residues, bagasse, coffee husk and coconut residues. Currently biomass is generally treated as a non-commercial energy source, and collected and used locally. Nearly 40 bagasse-based biomass power plants have been developed with a total designed capacity of 150 MW but they are still unable to connect with the national grid due to current low power prices. Five cogeneration systems selling extra electricity to national grid at average price of 4UScents/kWh.

Biogas energy potential is approximately 10 billion m3/year, which can be collected from landfills, animal excrements, agricultural residues, industrial wastewater etc. The biogas potential in the country is large due to livestock population of more than 30 million, mostly pigs, cattle, and water buffalo. Although most livestock dung already is used in feeding fish and fertilizing fields and gardens, there is potential for higher-value utilization through biogas production. It is estimated that more than 25,000 household biogas digesters with 1 to 50 m3, have been installed in rural areas. The Dutch-funded Biogas Program operated by SNV Vietnam constructed some 18,000 biogas facilities in 12 provinces between 2003 and 2005, with a second phase (2007-2010) target of 150,000 biogas tanks in both rural and semi-urban settings.

Municipal solid waste is also a good biomass resource as the amount of solid waste generated in Vietnam has been increasing steadily over the last few decades. In 1996, the average amount of waste produced per year was 5.9 million tons per annum which rose to 28 million tons per in 2008 and expected to reach 44 million tons per year by 2015.

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10 years 6 days ago #19745 by BetterPrice2013

Replied by BetterPrice2013 on topic IEV - PROMISING TURNAROUND COMPANY

ZEN wrote: THE LOADING STARTED ALREADY

THE UNLOADING HAS ALSO STARTED!

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