Green Dragon Sees Rise in Gas Output

Green Dragon Gas’ coal bed methane output rose 31 per cent year on year to 832.4 million cubic feet for the six months to June 30. During the period the company drilled 34 additional wells across all 6 blocks.

“The first half of this year was spent on materially increasing the drilling activity within the GSS Production Block and related planned infra-structure enhancements. The building blocks continue to fall into place for us to achieve our 18 Bcf production target at the end of our capex program from this block in southern Shanxi province,” Randeep S. Grewal, Chairman and CEO of Green Dragon Gas said.

The company is focused on moving GSS gas production through the integrated production facility and on to our wholly owned retail stations, he said.