Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Lol
The bit i like most - surely sounds like something is near as far as a 2nd client in India goes... We look forward to developing CBM resources across India by offering services to the market-leading oil and gas operators in the coming months.
Greka Drilling Limited (AIM: GDL), the largest independent and specialized unconventional oil & gas driller in Asia, is delighted to announce that it has completed the drilling of its 50th Coal Bed Methane ("CBM") well for Essar Oil Limited ("Essar") in the Raniganj block, West Bengal with a total of 59,898 meters drilled. Under the current contract awarded by Essar at the beginning of 2016, Greka has successfully drilled 33 directional wells and 1 vertical well. The first GD-75 rig spudded its first well in May 2016 followed by the second GD-75 rig which spudded its first well in June 2016. These wells, combined with the 16 wells drilled by Greka in its previous campaign, take the tally to the 50 well milestone achieved with zero Lost Time Injuries/Accidents, demonstrating the Company's commitment to making the workplace safer. Over the last nine months the Company has drilled 39,724 meters with continuous drilling on-going assisting Essar's drilling needs in the Raniganj block. Essar continues to be the largest producer of CBM in India and Greka Drilling the largest CBM driller. Randeep S. Grewal, Chairman & CEO of Greka Drilling, commented: "The completion of our 50th well in India for Essar, and drilling close to 60,000 meters, is a momentous occasion for Greka Drilling which has reaffirmed its position as a market leader in Coal Bed Methane drilling. We look forward to developing CBM resources across India by offering services to the market-leading oil and gas operators in the coming months. Development of unconventional gas resources has become an important value proposition for operators pursuing alternatives to oil, as they strive to provide energy security to a fast developing country like India."
hi cool, based on no news who knows you might get sub 3s however on the flip side if we finally end up getting this additional client signed up in india than im hoping to even see the end of 4s as this moves pretty quick. right now for holders its a hold for me...
no i haven't sorry. dont look at those to be honest cos its only in their own interest mainly what they wish to write...
our 1 year essar contract runs until May so no need for renewal news yet...
i agree, because GDG tanking of late while GDL holding well even off the back of recent sells from AJ.
please tell us more?
you would have lost out on 50% if you bought. why on earth is this dropping soo much...anyone know?
it doesn't look like it. not good....
Year end operation update... http://www.grekadrilling.com/investor-ircontact
hoping that we have something decent in there to start moving up from this range...new more interest here
Damn...anyone know why GDG has been dropping.....now down to 155p!!
Have a feeling the sp may be a little higher by the time we find out who is in the know and has been buying such chunks.
And another 250k but at close :)
...first thing today.
decent volume today as well....
Hmmmm we have a buyer indeed....not tempted to sell any of mines yet, long way to go for that!
I didn't want to say it cos each time we think it's that, it comes to nothing. But the MMs raising bid on sells must mean they either know something OR more likely tempt pi's to sell at these cheap rates in order to fill bigger orders... Dare we anticipate a good year ahead as well...