Gas Investing News spoke with Sam Wahab, head of oil and gas equity research at London-based Seymour Pierce, about coalbed methane and CBM Asia (TSXV:TCF,FWB:IY2). Seymour Pierce currently holds a ‘Buy’ rating for CBM Asia.
As quoted in the article:
GIN: So CBM Asia’s future looks promising.
SW: Most definitely, the company is rapidly moving in the right direction in terms of achieving their long term strategy in Indonesia. They have a strong pipeline of events coming up in 2013 and the Exxon deal marks something of a breakthrough for them.