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I think we long termers deserve it after years of empty promises !

Its been yet another painful year but given the current sp and the potential upside next year. I am sticking with this for a year or two longer as I think when GDG start to make money so will GDL and its not far away as additional gas comes on line for GDG. All the best for now. Arden Partners rates the shares 'add'. Daniel Slater said the numbers reflected the pace of execution on Greka's main Green Dragon and Essar drilling contracts and he expects a significant uptick in the second half both in terms of revenues and margins as the Green Dragon Lifabric contract ramps up. That said, revenues from Essar in the first half were behind the broker's expectation and overall it has have cut its full year numbers on this and an increase in expected tax, though leaves its 2016 numbers unchanged. "While there should be another 110 wells to come through from Green Dragon importantly there are also more opportunities coming through from other operators including Asian American Gas, Sino Gas and Energy, ONGC and Reliance," said Slater. There is also the expectation of a new country entry and the ever-present possibility of greater CBM drilling activity from the Chinese NOCs where Greka has existing relationships. All of these avenues represent significant potential for Greka to deploy its high quality rig and CBM drilling acumen. If significant contracts begin to come through and then move to efficient execution it would be exciting for the stock." Greka shares were unchanged at 5.7p.

Let's hope the appointments will stir some life back into this business. Further confirmation of nearing of completion of the GDG 30 well contract can only be a good thing

This is the consensus target with an upside potential of 390%

Green Dragon Gas Ltd (LON:GDG) Rating Reiterated Cantor Fitzgerald have a GBX 832.00 PT on the stock. The PT gives a potential upside of 171.45% from Green Dragon Gas Ltd (LON:GDG)’s previous close. This rating was revealed to clients and investors in analysts note on Thursday, 23 July. LON:GDG is at the moment trading 1.14% higher at GBX 300.50 as of 11:21 London time. Green Dragon Gas Ltd’s stock is down -31.7% in the past 200 days. It has underperformed the S&P500, which has risen 7.43% in the same time period. According to data compiled by Thomson Reuters, Green Dragon Gas Ltd (LON:GDG)’s stock is covered by 4 equity analysts across the Street, with 0 analysts giving it a Sell rating, 5 a Buy rating, while 0 consider it a Hold. The 12-month consensus target price for the stock is GBX 1475, which reflects an upside potential of 390.85% over the current price. Read more: http://www.octafinance.com/green-dragon-gas-ltd-longdg-stock-buy-rating-maintained-at-cantor-fitzgerald-the-price-objective-is-set-to-gbx-832-00/112479/#ixzz3gnBD3HeJ

I think its top up time again ! With the lack of reporting to the market the sp has drifted down and now represents excellent value IMO. I am unable to attend the AGM today so if any do please do post the salient points.

I would have thought for sure this week we will have an update on current and forward contracts for both GDL and GDG production or Randeep will be unable to talk about anything at the AGM for each business. At an AGM unlike the budget you are not allowed to pull a rabbit out the hat !

Just a quick hello and confirmation I will be at the AGM with a fist full of questions for RG and will not be leaving without appropriate answers. We have been told a load of rubbish by a very poor PR department for much too long now. This AGM must be the time for honesty and transparency and no further bull. See you all there.

Looking good for a run now up towards dizzy heights.

Looking good for the whole group.

Now that's what I call a spread ! Come on MMs sort this out now

Looks like a cracking entry point for some !

Iam happy to watch and see this at £10 at the end of the year.

2 February 2015 GREKA ENGINEERING & TECHNOLOGY LTD ("Greka Engineering" or the "Company") Change in Broker Arrangements Greka Engineering & Technology Ltd. (AIM:GEL), the unconventional gas sector engineering and technology business with pipeline, gas compression and power generation assets in China, announces that WH Ireland has today become the Company's sole corporate broker.

JH Not yet but they will.

Operational Highlights · H2 2014 gross production of 4.17 Bcf (H2 2013: 4.16 Bcf) · 2014 gross gas production of 8.2Bcf (2013: 8.2 Bcf) · 10 LiFaBriC wells completed in 2014 · Closer cooperation with partners CNOOC/CUCBM and CNPC/PetroChina · CNG realized gas sales price of US$18.6/mcf 2015 Operational Outlook · Gas prices stable and unaffected by oil price weakness · Year end exit production objective of 12bcf · Continued drilling of LiFaBriC wells at the commercial GSS block · Drilling of exploration wells across all 8 blocks · CNOOC/CUCBM to cooperate to build significant infrastructure within GSS Block · GSS block pipeline and gas gathering capacity to increase to 53 bcf · Coal seam 15 within GSS and GCZ to be explored Randeep S. Grewal, Chairman and Founder of Green Dragon, commented: "2014 was a milestone year for Green Dragon. Following the execution of very constructive and lucrative agreements with all our partners in the first half, the latter part of the year was productively focused on our operations. The combined management teams of Green Dragon and our partners are working closely together and sharing extensive technical information to the benefit of all parties. "The 10 LiFaBriC well drilling campaign was completed on time at GSS and is already showing positive results. This re-confirms our belief in the LiFaBriC completion method and its applicability to the Qinshui basin coal seams, and we look forward to commencing the initial phase of our busy 2015 drilling programme. "At the same time, in accordance with our agreement, CNOOC/CUCBM continues to invest in the infrastructure needed to monetise the current and expected production from the additional circa one thousand wells which will be put online in due course. "Furthermore, as expected, Chinese government policies towards gas utilization objectives and prices are unaffected by the drastic fall in crude prices. I am pleased to confirm that our realized gas prices remain stable, as forecasted, putting us in a very strong position for the year ahead. We remain confident that Green Dragon Gas will continue to deliver value to its shareholders through this turbulent global commodity price environment."

26 January 2015 GREEN DRAGON GAS LTD ("Green Dragon" or the "Company") Operations Update Green Dragon Gas Ltd. (LSE: GDG), the leading independent gas producer with operations in China is pleased to announce an operations update for the six months ending 31 December 2014. Green Dragon is implementing a programme to deliver an imminent step change in production and cash generation, maximising value from its strategic locations in China's strong growth gas market.

So what's going to happen next weekToday 11:10Green Dragon will be publishing there past 6 months numbers. More importantly they will be advising the market of there 2015 activities and future spend. ( With Greka drilling ) GDG are still owed a large amount of money from the Chinese and I mean a load some $200m that was agreed as compensation for poaching on GDG drilling blocks,this will be paid to them during 2015 and what will they do with the money ? Spend it on drilling with Greka. The clock is running for GDG as they only have some 20 years left on their licences so it imperative for them to drill as fast as possible in order to extract as much gas as possible in the given time. I would imagine its been tough to raise money in the market with the backdrop of falling oil prices even though CBM is in no way pegged to this. So it's going to be a roll out rather than one big order I would think which is a little disappointing but understandable. However a combination of Chinese cash and additional fund raising should see a very bright future for both Greka and Green Dragon Gas. It's taken a long time to unfold but this time it's not a dress rehearsal this is the real deal. In the coming months as cash starts to drop onto the bottom lines of both businesses there will be a market realisation that finally this time round it's going to be the real deal !

I think we are are in for some nice juicy numbers next week and who knows even some II buying on the back of it.

Just read the last few RNS issues and it's very compelling !