Green Dragon Gas Prospectus

Green Dragon Gas publishes Prospectus ahead of Main Market listing on 27 October.  The full Prospectus is available on the company website www.greendragongas.com    

Read more

Green Dragon Gas has potential to double up in China

IMG_3690

Proactive Investors   By Giles Gwinnett          China–based unconventional gas group Green Dragon Gas (LON:GDG) is worth 952p per share, suggests City broker Cantor, which recently started analysing the company.   That’s a pretty punchy number  compared with the current share price at 510p.   Green Dragon has developed its own method to extract CBM [...]

Read more

Essar starts Indian CBM campaign

GD16

      By Bianca Bartucciotto India’s Essar Oil has spudded the first in a 100-well drilling programme at its Raniganj East coal bed methane block in West Bengal, India.   The campaign could see production from the block increase to 42 million cubic feet per day of gas by March 2015.   Current output [...]

Read more

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 [...]

Read more

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 [...]

Read more

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 [...]

Read more

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 [...]

Read more

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. [...]

Read more

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, [...]

Read more
Page 1 of 151234510...Last »