21 Jan 2013 07:00
21 January 2013
Great Eastern Energy Corporation Limited
("Great Eastern" or the "Company")
Production Target Achieved
Great Eastern Energy Corporation Limited (LSE: GEEC), the fully integrated, leading Indian Coal-Bed Methane (CBM) company is pleased to announce that its exit production on 31 December 2012, from its Raniganj (South) block, was in line with the projections at 14.73 mmscfd.
Prashant Modi, President & COO, Great Eastern commented:
"We are pleased to achieve our projected production. It reinforces our confidence in our well performance, and we are on track to achieve our projected exit production for 30 June 2013."
For Further Information please contact:
Great Eastern Energy
Yogendra Kr. Modi Chairman & CEO +44 (0)20 7337 1516
Prashant Modi President & COO
Arden Partners
Richard Day +44 (0)20 7614 5917
Goldman Sachs International
James Anderson +44 (0)20 7774 1000
M: Communications
Ann-marie Wilkinson +44 (0)20 7920 2330
Andrew Benbow