GEEC.L Regulatory News (GEEC)

31 Mar 2008 07:02

Great Eastern Energy Corp Ltd31 March 2008 March 31, 2008 GREAT EASTERN ENERGY CORPORATION LTD Trading Update Great Eastern Energy Corporation Limited ("Company", "GEECL", "Great Eastern")(AIM: GEEC.L), a Company involved in the exploration, development and productionof coal bed methane (CBM) in India, is providing the following trading updateahead of entering its close period. The Company is pleased to announce that it has commissioned its brand new rig(Atlas Copco RD 20 III) and commenced its further development program. Gasproduction is continuing to progress satisfactorily and the Gas GatheringStation is due to be completed in the near future. The Company will announce its financial results for the year ending 31st March2008 in late May / early June 2008. Further details will be announcedseparately. -ENDS- For further information: Great Eastern EnergyYK Modi Chairman & CEO + 44 (0) 20 7743 6663Prashant Modi President & COO Pelham Public RelationsPhilip Dennis + 44 (0)20 7743 6663Hugh Barker + 44 (0)20 3008 5009 Arden PartnersRichard Day + 44 (0)20 7398 1632Tom Fyson Notes to Editors: Great Eastern Energy Corporation Ltd. ("Great Eastern") raised £19m in December2005 through an admission of Global Depositary Receipts (GDRs) on the AIMmarket. The Company has a notional market capitalisation of £176.46 million. Great Eastern holds a licence to explore for CBM in the 210 sq km block in theRaniganj Coalfields, West Bengal. For more information please visit www.geecl.com This information is provided by RNS The company news service from the London Stock Exchange