Green Dragon Gas
Green Dragon is the parent company of Greka China, and is exclusively focused in gas industry in China. Green Dragon operates within China under its subsidiary Greka China Green Dragon is a gas supplier based in China with a focus on the production, development, production, distribution and sales of natural gas from coal seams, commonly known as coal bed methane or CBM.
Related news
- Green Dragon’s Grewal speaks at prestigious Chinese conference
2011-08-31 - Green Dragon Gas chairman Grewal appointed to provincial gov't board in China
2011-08-03 - Green Dragon Gas says Chinese CBM contracts remain in ‘full force and effect’
2011-03-12 - Enter the Dragons: China's coal bed methane specialist prepares to do the splits
2011-02-16 - Green Dragon Gas to move ahead with Hong Kong IPO
2010-11-09 - Green Dragon Gas to take Sinoenergy stake to expand Chinese CBM upstream business
2010-10-08 - Green Dragon Gas reports significant growth as China’s thirst for energy continues
2010-09-01 - Green Dragon Gas continues growth, H1 revenue soars to US$18.7m
2009-09-21 - Green Dragon Gas signs farm out agreement with ConocoPhillips on Chinese Coal-Bed Methane acreage
2009-08-24 - Green Dragon Gas Marks 1st Full Year With Revenue, To Decide On Main Board Listing This Year
2009-07-01 - Green Dragon Gas chairman/CEO buys further 2,000 shares in company
2009-03-07 - Green Dragon Gas raises US$9.62 mln in share offer
2009-03-06 - Green Dragon Gas chairman/CEO Grewal buys 69,000 further shares in company
2009-02-26 - Evolution says funding concerns overshadow underlying value of Green Dragon Gas
2009-02-21 - Green Dragon Gas to raise $25 million, considering Hong Kong listing
2009-02-20
Company Statement
Green Dragon is the parent company of Greka China, and is exclusively focused in gas industry in China. Green Dragon operates within China under its subsidiary Greka.
Green Dragon is a gas supplier based in China with a focus on the production, development, production, distribution and sales of natural gas from coal seams, commonly known as coal bed methane or CBM. Our goal is to increase the degree of vertical integration in our operations.
Greka China, a pioneer in the appraisal and development of CBM projects in China, generates our CBM supply from four projects in Shanxi, Jiangxi, Anhui and Guizhou province covering acreage holdings of a total of 7,589 km 2 and an estimated 25.5 Tcf of Gas In Place. CBM distribution from these projects to customers is mainly in the form of Compressed Natural Gas (CNG) and to a lesser extent, via pipeline in the form of Piped Natural Gas (PNG).
Greka China collaborate with CUCBM, a state-owned enterprise specializing in the niche oil and gas-related areas, in the development of our CBM reserves. Greka China has operational rights under the CUCBM Development Projects pursuant to production sharing contracts, PSCs with CUCBM.
Greka Technical Services, an in house drilling division on CBM drilling rig based in Zhengzhou as our operational hub of our upstream operations. The five technically advanced drilling rigs are manufactured from United States and the hiring of 150 technical personnel.
Greka Transport and Infrastructure build our own logistics operations to deliver our CBM production to our customers bye self-owned trucks in each projects locations;
transportation in CNG form as well as construct and own pipeline for selected delivery points of regional pipelines for distribution to urban households in the form of PNG
Greka Manufacturing is profitable operating equipment supplier for CNG vehicles, service stations and other related activities. Our CNG dispenser carries the “Clean” brand has a current capacity to produce over 300 CNG dispensers in modular and can be expanded as the demand for CNG continues to grow throughout China.
Greka Information Technology is a niche technology division providing proprietary software and Supervisory Control and Data Acquisition systems for petrochemical companies. This proprietary software is required across all facets of our company’s operation from upstream drilling and CBM production, to midstream gas compression and transportation and the downstream gas sales and cash collection.
Greka Gas Distribution develops and operates Compressed Natural Gas Service Stations. Our CNG stations sites are synergistic to our interest in the Shizhuang South coalbed methane production block in Shanxi as well as its recently acquired distribution centre located in Zhengzhou
FOR MORE INFORMATION ON GREEN DRAGON CLICK HERE
Current Operations
- CBM is found in coal deposits and is held in place by underground water pressure
- CBM is extracted by drilling to the coal seam, fracturing and de-watering to create a pressure
differential releasing methane
Huge CBM resources - China ranks third in World CBM resources after Canada and Russia Chinese clean energy policy switching from coal to gas. New power stations gas-fired (40% of installed capacity idle due to lack of gas supply) CBM price deregulated by State Council action.
Vertically Integrated Value Chain
Management
FOR DETAILED INFORMATION ON GREEN DRAGON'S MANAGEMENT AND DIRECTORS CLICK HERE
Leadership
Randeep S. Grewal,
Chairman & CEO
Alfred Yan,
Chief Financial Officer
Zhang Bao Zhuang,
Vice President and Chief Operation Officer, GTS
Terry Siu,
Vice President, Business Development
Mahmood (Mel) Lone,
Vice President, Exploration and Development
Howard Li
General Manager, Transport & Infrastructure
Ma Xia Wen,
General Manger, Jiangxi
Non-Executive Directors
David Turnbull
Stewart John, OBE
Gong Dabing
Major Shareholders
No informtaion available.
Contact Information
Hong Kong:
Suite 3308,
Two Exchange Square,
Central, Hong Kong
Tel: 852 3710 0168
Fax: 852 3710 0068
Email: [email protected]
Beijing:
Suite 62538 Yiyuan,
South Avenue,
Friendship Hotel,
Zhongguancun,
Haidian District Beijing
100873 PR China
Tel: 86 10 6849 8142
Fax: 86-10-6849 8496
Email: [email protected]
Nanchang:
Golden Lakefront Plaza 2801,
No 55 HuBin East Road ,
QinShan District NanChang,
Jiangxi PRC 330077
Tel: 86 791 8153312
Fax: 86 791 8153318
Email: [email protected]
Zhengzhou:
29/F, Landmark Plaza,
No. 1 Business Outer Range Road,
CBD, Zheng Dong Area,
Zhengzhou City,
Henan Province, China
Tel: 86 0371-6013 0088
Fax: 86 0371-6012 0066
Email: [email protected]
Corporate Information
No information available.
