The move will make it the largest interest holder in the Linxing West and Linxing East production areas.
Total consideration for the option over a 7.5% stake, which could be reduced to 5.
CHINESE gas developer Sino Gas & Energy Holdings has taken steps to increase its position in the Linxing PSC by snapping up an option for a further 5.25% in the development from private partner CBM Energy Associates.