Lanyan Holdings (000968.SZ): Subsidiary obtains exploration rights for coalbed methane in the legal block of Qingshui Basin, Shanxi Province

NightAirdropper · 2026-03-05T23:26:34+00:00

Lanyan Holdings' wholly-owned subsidiary successfully obtained the exploration license for the Fazhong area in the Qinshui Basin, Shanxi Province. The company will expedite the processing of the exploration permit and carry out subsequent resource exploration work. The results and development conditions remain uncertain.

NightAirdropper

2026-03-05 23:26:34

Abstract generation in progress

Gelonghui, March 5 — Blue Flame Holdings (000968.SZ) announced that recently, its wholly owned subsidiary Shanxi Blue Flame Coalbed Methane Group Co., Ltd. officially obtained the exploration rights for the Fa Zhong Block in the Qinshui Basin of Shanxi Province, issued by the Shanxi Provincial Department of Natural Resources (Certificate No.: DT1400002026031040000013). This is the exploration right for the Fa Zhong Block in the Qinshui Basin of Shanxi Province. Before conducting exploration work, a exploration permit must be obtained. The company is currently accelerating the processing of the exploration permit for the Fa Zhong Block. After obtaining the exploration rights and permit, the company still needs to carry out further resource exploration. There are certain uncertainties regarding exploration results, resource scale, and development conditions.

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