Jincheng News: Greka Will Invest 6 Billion RMB on CBM development

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1.   Jincheng News: Greka will invest 6 billion RMB on CBM development

http://www.jcnews.com.cn/news/news_content/2012-05/09/content_167285.htm

http://www.sx.xinhuanet.com/dfzx/2012-04/26/content_25135905.htm

Mr. Grewal on the interview

(Repoter: Niu Qianjin) Greka will invest 6 billion RMB to Jincheng on CBM development and utilization during “12th Five-Year”.

Greka is a British-funded enterprise, which owns business in oil, gas, mining, etc.in USA, India, Italy, etc., Greka Technical Services, a subsidiary of Greka Group entered Jincheng in October 2003. Greka has introduced 25 advanced drilling
rigs to explore and develop CBM of Zhizhuang South block of Qinshui County.

Mr. Grewal, president and CEO of Greka Group said that, Greka has developed new technology, which is suitable for Chinese geology, and can protect water and land resources. Greka Group 6 billion RMB to Jincheng on CBM development and utilization, and accelerate steps of “gasification of Jincheng”.

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