- CEO
- Harvey S. Price
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 5626 Larch Street Vancouver BC Canada V6M 4E1
- IPO Date
- Apr 17, 2014
- Business
- CBM Asia Development Corp. (CBMDF) is a Canada-based unconventional gas company focused on the acquisition, exploration, and development of coalbed methane (CBM) properties in Indonesia; it holds participating interests in five production sharing contracts (PSCs), including the Sekayu PSC in South Sumatra, Hulu PSC in Central Sumatra, and Kutai-West PSC and Bentian Besar PSC in East Kalimantan. The company offers expertise in CBM resource evaluation, drilling operations, and potential gas production from these assets, targeting energy markets in Southeast Asia. Founded on April 26, 2006, by Charles W. Bloomquist and Alan Timothy Charuk, CBM Asia Development Corp. is headquartered in Vancouver, British Columbia, at 5626 Larch Street, Suite 202, with primary operations centered in Indonesia's coal-rich regions. No major recent partnerships, acquisitions, funding rounds, or strategic shifts have been publicly reported in the last 1-2 years, reflecting a stable but low-activity phase in its exploration efforts amid challenging market conditions for junior energy explorers.