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Cheniere Energy Inc. to list on NASDAQ Small Cap Market.


HOUSTON--(BUSINESS WIRE)--April 4, 1997--Cheniere Energy Inc. announced today that its common stock has been approved for listing on the NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
 Small Cap(TM) Market System.

Cheniere currently trades on the Electronic Bulletin Board under the symbol "CHEX CHEX Confined Helium Experiment
CHEX Channel Expanded
."

Cheniere Energy Inc. is an independent oil and gas company that focuses on early-stage oil and gas projects characterized by high reserve potential in which the company can attain a large working interest. The company's first project is a proprietary 3-D seismic exploration program being conducted in the Louisiana Transition Zone of Cameron Parish.

The common stock of Cheniere Energy started trading publicly in July 1996. During 1997, its daily trading volume Trading volume

The number of shares transacted every day. As there is a seller for every buyer, one can think of the trading volume as half of the number of shares transacted. That is, if A sells 100 shares to B, the volume is 100 shares.
 has averaged 52,324 shares.

CONTACT: Cheniere Energy Inc., Houston

Keith F. Carney car·ney  
n. Informal
Variant of carny.
, 713/659-1361
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 4, 1997
Words:126
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