China presents a significant opportunity for Dart Energy with strong expected growth in gas demand, established supporting infrastructure and attractive netback gas pricing.

Dart Energy's strategic theme for China:.

• Focus on securing and maintaining relationships and partnerships with local oil, gas and coal companies, in particular state-owned enterprises, which can deliver in-country expertise and assist with access to tenements.
• Take a multi-tiered approach by seeking greenfield CBM development via PSC particpation, farming in to existing CBM projects and establishing coal mine methane / degassing projects.

China business development activity:

• Dart is in the process of evaluating additional new PSC prospects and potential farm-in opportunities in various parts of China.  A number of prospective blocks have been identified and discussions are ongoing.  Local management is also tasked with maintenance and leveraging strategic relationships with a view of creating further business development options.

Dart's China asset portfolio