Solimar Energy Limited

Sino Gas & Energy Holdings Limited (ASX:SEH), an Australian company developing unconventional gas assets within the Ordos Basin, Shanxi Province China, is pleased to advise that it has signed an agreement to raise up to A$29.4 million in new funds from SpringTree Special Opportunities Fund, LP, a New York-based institutional investor, over the next two years.

Asian Activities Report for April 4, 2011 includes: Aguia Resources Limited (ASX:AGR) has commenced drilling at the Lucena Phosphate Project in Brazil; NuEnergy Capital Limited (ASX:NGY) has been awarded a third coal bed methane Production Sharing Contract in Indonesia; Elemental Minerals Limited (ASX:ELM) announced its maiden Mineral Resource estimate for the Kola deposit in the Republic of Congo; Solimar Energy Limited (ASX:SGY) secures control of a large shallow oil field in the US.