middler2
06 Dec 2017
RNS please read What a missed opportunity. An RNS labelled AGM yet one of GDG's most important announcements. The producing assets to be listed on Hong Kong and the proceeds to be partly distributed as an in specie dividend. Surely this will be a major rerate.
JakNife
05 Oct 2017
Imminent Bond Default remove the line break to recreate the link: BREAKING: Green Dragon Gas: Imminent Bond Default[link] prophets.com/views/31947/breaking-green-dragon-gas-imminent-bond-default
middler2
26 Apr 2017
What am I missing? Production 11.2 bcf - sales 3.4 bcf. Where does the rest go? Results tomorrow, so would appreciate an early answer if anyone knows. Cheers.
onlywayup
05 Oct 2016
News 04 Oct11:50 Broker Forecast - Peel Hunt issues a broker note on Green Dragon Gas LtdPeel Hunt today reaffirms its buy investment rating on Green Dragon Gas Ltd (LON:GDG) and raised its price target to 593p (from 561p). Story provided by StockMarketWire.com
onlywayup
26 Jul 2016
Great results www.greendragongas.com/media/press-releases.aspx
onlywayup
15 Jul 2016
AGM With the AGM on 26th I can see more upward movement, Nice rise over the last few days.
Prudent Investor
04 Jun 2016
Encouraging info I think these articles are encouraging:[link]
Prudent Investor
28 Apr 2016
Positive annual results Annual results released on 27th April show modest profit as opposed to large loss last year. Encouraging signs for future prosperity.[link]
onlywayup
27 Apr 2016
Video Take a look[link]
onlywayup
27 Apr 2016
News Great set of results
middler2
21 Apr 2016
GDL RNS Found this little goody tucked away in today's Greka RNS.· We successfully drilled an experimental LiFaBriC well into coal seam 15 in Qinshui Basin, thereby opening up a new resource access for our client Green Dragon Gas.
onlywayup
21 Mar 2016
More news GSS-008 WELL CELEBRATES 8TH YEAR OF PRODUCTIONMon 21 Mar 2016 07
0RNS Number : 6705SGreen Dragon Gas Ltd21 March 2016 21 March 2016GREEN DRAGON GAS LTD.("Green Dragon" or the "Company"
First LiFaBriC Well GSS-008 Celebrates its 8th Anniversary with Continued Stable ProductionGreen Dragon Gas Ltd. (LSE: GDG), one of the largest independent companies involved in the production and sale of Coalbed Methane ('CBM') gas in China, is pleased to announce the 8th anniversary of production from GSS-008, the first well to be drilled using the LiFaBriC completion design. GSS-008 first came on line on 21 March 2008 and this year has completed eight straight years of continuous and sustained gas production. The well has yet to show any decline in production rate and to date has produced a cumulative 1.28 Bcf of gas production.Randeep S. Grewal, Chairman and Founder of Green Dragon Gas, commented: "I am exceptionally proud of the continued outstanding performance of GSS-008, the very first well completed using our LiFaBriC technique. The continuous and consistent performance year-on-year from this well since 2008 demonstrates the transformational impact of our LiFaBriC well design that is specifically tailored to address the unique challenges of complex faulted coal seams in China." For further information on the Company and its activities, please refer to the website at www.greendragongas.com or contact:Instinctif PartnersDavid Simonson / George YeomansTel: +44 20 7457 2020 CitigroupTom Reid / Luke SpellsTel: +44 20 7986 4000 Peel HuntRichard Crichton / Ross AllisterTel: +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 Stock Exchange (LSE: GDG). The Company has 549 Bcf of 2P reserves and 2,379 Bcf of 3P reserves across eight production blocks covering over 7,566km² 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. END This information is provided by RNSThe company news service from the London Stock Exchange END MSCDBGDXBXDBGLG
Prudent Investor
17 Mar 2016
Good development on Subsidies Encouraging boost of government subsidies for CBM with a 50% increase [link] .
woodee
15 Mar 2016
Re: RNS: Wow Have to agree Middler2Glad to see GDG is on the main market. What a solid business with full government backing.Seems to be under the radar still. I see it as a defensive play with good long term prospects. 4.00 pounds year end would be great.Good luck.
middler2
15 Mar 2016
RNS: Wow H1 exit rate was 10.15 Bcf and the loss was tiny (GDG was probably cash generating for the last two months of H1). At the end of H2 we beat our 12 BcF target and have now been handed a further 5% on the price we sell at. When you factor in the new revenue for other fields developed by partners who have now achieved their cost returns, that looks really health. I predict a share price of over £4 in 2016 - a no brainer.
