Mat_he_has_no_cat
04 Apr 2017
no news = 23% drop Why ?
Mat_he_has_no_cat
07 Dec 2016
contract for five PetroChina wells [link]
Prudent Investor
08 Jun 2016
Drilling update Positive developments with the drilling for Essar. Proof in my opinion that Greka are not just reliant on Green dragon and based on article will continue to persue more 3rd party clients.[link]
rpg7
02 Jun 2016
info Can someone post up the insider info thats decimating the sp-please.
Prudent Investor
17 Mar 2016
Positive development and don't believe everything you read Contrary to the rather scathing article by Share prophet this news cast contradicts its claim that Greka don't have external customers [link] Keep the faith.
GiveMeTheFacts
18 Feb 2016
Share Prophets 0p target A day later, a possible answer to the question raised - Share Prophets are targeting 0p for this share. TW is today saying there is no cash here and that a placing or insolvency are the next most likely outcomes.Terrible if true, considering all the past RNS news about bonds and the allocation of funding for the drilling of GDG Lifabrics to generate revenue and cash flow in GDL.
GiveMeTheFacts
17 Feb 2016
DEBT/FINANCING - 2015 Completion of 150 wells Why hasn't this happened ? (see2014 RNS below) .Why has only part of the (first) 30 well batch been drilled (in 2015) with no indication of the timetable for finishing these off (now in 2016). This was meant to be 2014 activity, and already fully funded.Why isn't GDL being allowed to continue with drilling for GDG and being delayed by years in the process?Does anybody know please?RNS 13.11.14 ? :Mr. Randeep S. Grewal, Founder and Chairman of Green Dragon, commented:"We are pleased with this debt issuance as it marks the first public debt capital raised by the Company. Since inception, Green Dragon has funded its discretionary growth through equity or convertible debt issuances resulting in the current net equity being in excess of USD600m. We expect to fund our continued growth with disciplined debt issuances so as to gradually increase the current debt to equity from 8% to 25% over time. "We expect to conclude this phase of the drilling programme concurrently by placing additional debt by the second quarter of 2015 which should enable us to complete the entire 150 LiFaBriC well programme at GSS along with the continued development of our other prolific seven gas blocks".
GiveMeTheFacts
16 Feb 2016
150 (OR 30) WELL GDG CONTRACT The 150 well contract was announced in Jan 2014, that was 2 years ago.It was meant to be executed in 2014. Not even 30 wells have be drilled by connected party GDG, 2 years later, in 2016.RNS Jan 2014:Greka Drilling Limited (AIM: GDL), the largest independent and specialized unconventional oil & gas driller in Asia, is pleased to announce that its customer Green Dragon Gas Ltd, as part of its overall plan to drill 150 LiFaBriC wells in 2014, has made an initial order for Greka Drilling to drill the first 10 LifaBriC wells of the program. 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. The timing of the order is welcome as the first quarter is traditionally slow for drilling operations in the region as a result of adverse weather conditions.
keepcalm
08 Feb 2016
Hi Skooby & Immy, hope you are both well albeit the sp is a concern. What's you take on the 2015 Ops update ? all the best Chris
waytogo333
08 Feb 2016
Operations update 2015 was a good improvement on 2014, but forward looking statement is a bit cagey on 2016. I suppose that's only to be expected, given the current oil price and downturn in drilling worldwide.Interesting £12k buy today though.
waytogo333
25 Jan 2016
Green Dragon Production up at Green Dragon - let's hope there's a knock on effect here!
First Time Buyer
25 Jan 2016
Re: Green Dragon GDG up 40% on little volume hopefully when our time comes we're closer to 100% on little volume... it's what I need to get back to breakeven 
waytogo333
25 Jan 2016
Green Dragon Production up at Green Dragon - let's hope there's a knock on effect here!
keepcalm
11 Jan 2016
Happy new year Skooby, Immyspecial & LTH, nothing to do, just sit it out
keepcalm
05 Jan 2016
MrChow, I do believe Rukel has an agenda ! never let it be said that he might like to add some more at a cheaper price
