Last checked at 21 Apr 2016 10:32
21 April 2016
GREEN DRAGON GAS LTD.
("Green Dragon" or the "Company")
Capital Markets Day Update
Green Dragon Gas Ltd. (LSE: GDG), one of the largest independent companies involved in the production and sale of Coalbed Methane ('CBM') gas in China, has previously announced that it will be holding a Capital Markets Day for analysts and investors at The Connaught Hotel, Carlos Place, Mayfair, London, W1K 2AL on Wednesday 27 April 2016 starting at 10:00.
The primary objective of the event is to provide a presentation on the Company's 2020 vision, which will include a proposed framework for delivering value to shareholders as assets mature; strategy around the Company's downstream assets; funding structure and liquidity considerations; and potential farm out objectives for the Company.
The event will be hosted by Randeep S. Grewal, Chief Executive Officer, alongside Jorg Kohnert, Chief Operating Officer and Tim Eastmond, Chief Accounting Officer.
Copies of the presentation will be made available after the event on the Company website: www.greendragongas.com
Enquiries:
Instinctif Partners
David Simonson / George Yeomans
Tel: +44 20 7457 2020
Citigroup
Tom Reid / Luke Spells
Tel: +44 20 7986 4000
Peel Hunt
Richard Crichton / Ross Allister
Tel: +44 20 7418 8900
About Green Dragon Gas
Green Dragon Gas is a leading independent gas producer with operations in China and is listed on the main market of the London StockExchange (LSE: GDG). The Company has 549 Bcf of 2P reserves and 2,379 Bcf of 3P reserves across eight production blocks covering over 7,566 km² of licence area in the Shanxi, Jiangxi, Anhui and Guizhou provinces. It holds six Production Sharing Agreements with strong, highly capitalised Chinese partners including CUCBM (CNOOC), CNPC and PetroChina, and has infrastructure in place to support multiple routes to monetise gas production.