合作意向函英文.doc

合作意向函英文 篇一：英文版合作意向书 LOI English Henan CBM Development and Utilization Co., Ltd And Dart Energy PTE LTD And Hong Kong Prosperous Clean Energy Company Ltd Letter of Intent on Cooperative Development of Unconventional Gas Dated: May 20, 2013 Cooperating Parties: Party A: Henan CBM Development and Utilization Co., Ltd Party B: Dart Energy PTE LTD Party C: Hong Kong Prosperous Clean Energy Company Ltd A. Precondition to the Cooperation 1. Party A is a business entity incorporated under the approval of Henan Provincial Government. It is responsible exclusively for coal bed methane (CBM) exploration, extraction and production, development and utilization in Henan Province and is the first provincial CBM development and utilization company in China. Party A has obtained the qualification to exclusively cooperate with foreign enterprises. 2. Party B is a company incorporated and operating under the laws of Singapore. The company has the technical and capital capabilities of t assessing CBM resources, designing appraisal and pilot drilling programs and subject to technical success of those programs, moving to developing and producing commercially viable CBM. It has developed innovative, low cost horizontal and vertical drilling technology that is instrumental in establishing the sustainable growth of commercial CBM production and pre-drainage of several coal mining areas. 3. Party C focuses on clean energy and is engaged in development and utilization of automotive new energy, including LPG, CNG and CBM. Now the company has eight CNG gas stations, two LPG gas stations and one L-CNG gas station in operation. 4. It is the intention of the parties that Party A and Party B will cooperate and carry out exploration work in the 6 CBM blocks under the principle of “easier block/cherry-pick development first” subject to the condition that the choice is beneficial to all parties. 5. As part of the process of entering into the PSCs, the parties wish