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15 Jan 2014 07:00
15 January 2014
GREEN DRAGON GAS LTD
("Green Dragon Gas" or "the Company")
Drilling Order
Green Dragon Gas Ltd. (AIM: GDG), one of the largest independent companies involved in the production and sale of CBM gas in China, is pleased to announce that, as part of its overall plan to drill 150 LiFaBriC wells in 2014, it has made an initial order for Greka Drilling Limited to drill 10 LiFaBriC wells. The estimated value of the order is approximately US$15 million and will involve 5 rigs being mobilized in February 2014, after the Chinese New Year.
For further information on the Company and its activities, please refer to the website at www.greendragongas.com or contact:
Stephen Hill, VP Corporate Communications Green Dragon Gas
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+852 3710 0108 |
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Dr Azhic Basirov / David Jones Smith & Williamson - Nominated Adviser & Broker
| +44 20 7131 4000 | ||
Steve Baldwin / Nicholas Harland Macquarie Capital (Europe) Limited - Broker
| +44 20 3037 2000 |
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Richard Crichton / Andy Crossley Peel Hunt - Broker
| +44 20 7418 8900 |
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James Henderson / Phillip Dennis Pelham Bell Pottinger - Investor Relations
| +44 20 7861 3232 |
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