Greka Drilling Half Year Loss Widens; Expects Busier Second Half

  By Razak Musah Baba   Greka Drilling Ltd (GDL.LN) Wednesday posted a widened loss during the half year-end, adding that whilst mobilization orders have been slower than anticipated, it now expect a busier second half of the year.   The independent and specialized unconventional gas driller in China, reported pretax loss of $4.3 million [...]

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Indian drilling programme progress

  2 September 2014 Greka Drilling Limited                                                        (“Greka Drilling” or the “Company”) Indian drilling programme progress Greka Drilling Limited (AIM: GDL), the largest independent and specialized unconventional oil & gas driller in Asia, is pleased to announce that further progress has been made following mobilization orders from Essar Oil Ltd in relation to the [...]

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Greka Drilling Rigs Arrive in India

  Greka Drilling Rigs Arrive in India 12 August 2014   Greka Drilling Limited, the largest independent and specialized unconventional oil & gas driller in Asia, is pleased to announce that the five GD75 rigs to be utilised for the 100 well drilling contract with Essar Oil have arrived in India.   The Company mobilized [...]

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Final Results

11 June 2014   Greka Drilling Limited (“Greka Drilling” or the “Company”)   Final Results   Greka Drilling Limited (AIM: GDL), the largest independent and specialized unconventional oil & gas driller in Asia, is pleased to announce its audited financial results for the year ended 31 December 2013.   HIGHLIGHTS    OPERATIONAL HIGHLIGHTS:   7 [...]

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Green Dragon gets reserves

      Green Dragon gets reserves By Bianca Bartucciotto 12 May 2014   London-listed Green Dragon Gas has increased its estimated reserves based on a independent report by Netherland, Sewell & Associates.   The 113% increase on proved reserves to 126 billion cubic feet, gave Green Dragon a net present value of $898 million. [...]

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Tuesday’s Movers

      By Giles Gwinnett 13 May 2014   Greka Drilling (LON:GDL) moved higher as it revealed that work was underway as part of its US$65mln contract with Essar Oil, with five drill rigs being moved from China to India. Five GD75 rigs from its existing fleet are currently at the port in Tianjin, [...]

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Greka Drilling moving rigs to India for Essar

  Greka Drilling moving rigs to India for Essar By Jamie Nimmo 13 May 2014   Greka Drilling (LON:GDL) has revealed that work is underway as part of its US$65mln contract with Essar Oil, with five drill rigs being moved from China to India.   Five GD75 rigs from its existing fleet are currently at [...]

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Upstream

    Greka deploys rigs By Bianca Bartucciotto  13 May 2014   London-listed Greka Drilling has announced the drilling rigs for the upcoming 100-well campaign in India are on the way to the block.   Essar Oil has sent for five rigs from Greka’s existing fleet to the Raniganj Block in West Bengal.   The [...]

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Greka Drilling Signs New Contract with Guangdong Bureau of Coal Geology

  Greka Drilling Signs New Contract with Guangdong Bureau of Coal Geology By Razak Musah Baba 09 April 2014   Greka Drilling Ltd (GDL.LN), an independent and specialized unconventional oil & gas driller in China, said Wednesday it has signed a new contract with Guangdong Bureau of Coal Geology (GBCG) for Greka Drilling’s proven drilling [...]

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