Business Summary
Pacific Asia China Energy Inc. is a Canada-based company. The Company is engaged in the acquisition, exploration and development of coalbed methane (CBM) properties in China, as well as, CBM drilling and coal degasification, through its subsidiary, Pace Mitchell Drilling Corp. Its subsidiaries include China Canada Energy Inc., which holds a production sharing contract to explore and develop CBM on the Huangshi concession; Asia Canada Energy Inc., which holds a production sharing contract to explore and develop CBM on the Baotian-Quigshan property, and Pace Mitchell Drilling Corp, a joint venture drilling contractor to provide drilling services in China for CBM and coal degasification projects. On March 27, 2008, Green Dragon Gas, wholly owned subsidiary of Greka China Ltd. acquired Pacific Asia China Energy Inc. On May 12, 2008, the Company terminated the Huangshi CBM property.
Country of Incorporation
Canada
Incorporation Date
1988-04-28
Business Sector
Energy - Fossil Fuels
Company Address
1620 Dickson Ave Suite 700