CBM Asia Selects NSAI to Audit CBM Resources at Kutai West PSC, Indonesia

CBM Asia Development Corp. has selected Netherland, Sewell and Associates, Inc. (NSAI) to audit the Company’s net interest in coalbed methane resources at the Kutai West PSC in East Kalimantan.

Based in Houston and Dallas, NSAI is a qualified reserves auditor with extensive experience in coalbed methane (CBM) resource auditing, having worked with most of the top operators in every major producing coal gas basin in the world. NSAI will conduct the audit under Canadian standards for disclosure (National Instrument 51-101 Standards of Disclosure For Oil and Gas Activities).

“Last year CBM Asia selected NSAI to review its interest in the Sekayu PSC and other Indonesian CBM operators also have engaged NSAI to review their properties,” stated Scott H. Stevens, the Chairman of the Company. “NSAI’s experience working with top CBM operators in all major producing coal gas basins worldwide is integral to their ability to deliver a qualified and balanced report.”

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LNG World News Staff, October 21, 2012