Shanghai Energy Corporation is 100% owned by New Times Energy Limited (“NTE”), a Hong Kong based company listed on the Hong Kong Stock Exchange (HKSE stock code: 166). NTE is an international resource company that is currently operating oil and natural gas interests in Argentina, and now Canada.
Shanghai Energy Corporation produces oil and natural gas in Alberta and BC. The company strives to advance production optimization, new production opportunities on existing lands, and is looking to grow through acquisitions. While looking to future opportunities, the company will actively manage its resource liabilities in a responsible manner to meet regulatory requirements, and pursue carbon emission reductions.
Further information on NTE can be found at: