The four blocks cover 378 square kilometres in the Ordos basin and include the Wang Feng and Tongchuan blocks.
Triple will gain stakes in the blocks by acquiring Xian Moke Industrial which in turn has interests in the blocks.
Triple said the Tongchuan Block, in which it will gain a 75% operated stake, already had eight CBM wells drilled on it, with seven currently on test production.
The Wang Feng Block, where Moke also holds a 75% operated interest, has had four wells drilled on it to date, with two on test production and a full field development plan already under way.
Moke's current development plan involves 45 directional fracked wells which will be drilled from 15 vertical well locations.
Triple said it the other...
