VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 19, 2011) - CBM Asia Development Corp. ("CBM Asia" or the "Company") (TSX VENTURE:TCF)(US:CBMDF)(FRANKFURT:IY2) announces that Medco Energi has received final gas content data from Core Laboratories N.V. for the CBM-SE-04 well at the Sekayu coalbed methane production sharing contract in South Sumatra.

Core Laboratories conducted gas content analysis on nine coal samples that were cored and desorbed from the CBM-SE-04 well at the Sekayu block, which as previously reported penetrated a total 147 feet of coal. Gas contents ranged from 76 to 203 standard cubic feet per ton (scf/ton) on a dry, ash-free (d.a.f.) basis, averaging 141 scf/ton d.a.f.

That is about triple the average coal seam gas content in the Powder River Basin in Wyoming, USA, which the US Geological Survey and other experts consider to be the closest commercial CBM analog for South Sumatra. The Powder River Basin is the world's second most productive CBM basin, currently producing 1.5 billion cubic feet per day (Bcfd) from thick, low-rank coal seams similar to those in South Sumatra. Note that wellhead gas prices in South Sumatra currently are 50% higher than in the Powder River Basin.

CBM Asia's Chairman Scott H. Stevens noted "Gas content from CBM-SE-04 is 40% higher than anticipated. Immediate gas production from the nearby CBM-SE-02 and -03 wells prior to stimulation and with minimal dewatering is highly encouraging. Medco's operations at the Sekayu PSC continue to confirm good gas content and permeability, along with high gas saturation in the thick coals that are present across the block."

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