Corporate presentation

RNS Number : 0728G

Green Dragon Gas Ltd

18 November 2015

 

18 November 2015

GREEN DRAGON GAS LTD

("Green Dragon" or the "Company")

Corporate Presentation

Green Dragon Gas Ltd. (LSE: GDG), the leading independent gas producer with operations in China, announces that following its presentation at the 2015 World Oil and Gas Week Conference in London on 17 November 2015 at 14.00, an updated Company presentation is now available on the Green Dragon Gas website at www.greendragongas.com .

Enquiries:

For further information on the Company and its activities, please refer to the website at www.greendragongas.com  or contact:

David Simonson / Anca Spiridon Instinctif Partners - Investor Relations	[phone]
Tom Reid / Luke Spells Citigroup - Corporate Broker	[phone]
Sarah Wharry / Richard Redmayne Cantor Fitzgerald Europe - Corporate Broker	[phone]
Richard Crichton / Ross Allister Peel Hunt - Broker	[phone]

About Green Dragon Gas

Green Dragon Gas is a leading independent gas producer with operations in China and listed on the main market of the London Stock Exchange (LSE: GDG). The Company has 380Bcf of 2P reserves and 2,418Bcf 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. Green Dragon Gas is implementing a 150 well drilling programme to deliver an imminent step change in production and cash generation, maximising value from its strategic locations in China's strong growth gas market.

 

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