Wednesday, August 24, 2011

Randeep Grewal's Knowledge Keeps Investors Happy And The Shares Growing!

By William Terrence


Greka Drilling is one of the fastest growing Chinese CBM (Coal Bed Methane) drilling services providers. Green Dragon Gas is a company that is made up of knowledgeable individuals as team players in management positions and board of directors that combine to make for a working party that possesses a wide range of expertise and experience in the many aspects of China's industry in CBM. Their executive director is Randeep Grewal.

Greka Drilling Limited's chief concern is the provision of alternative gas such as China's drilling services for coal bed methane. A number of companies are involved in Greka utilizing them as a holding company. Greka itself is a 2007 offspring company of Randeep Grewal's Green Dragon Gas Company, but in 2011 it de-merged. They presently in have their headquarters in Zhengzhou, Henan, PRC and employ somewhere near 250 field and technical workers in addition to upper management.

Randeep Grewal has made sure that Green Dragon's name has gone down in history. A few of their accomplishments are as follows:

* As early as 1997 and for the subsequent couple of years they began to operate in China's business of coal bed methane and a (GFC) sharing agreement (PSC) was approved with government approval. * In 2002 they gained control of 4 further PSC's. * 2004 saw the opening of a company workplace in Hong Kong and the beginning of operations of SHR (short radius horizontal drilling) knowledge. * The LSE began itemizing Randeep Grewal's Green Dragon; and forty seven drilling platforms have been started successfully . * In 2007 that quantity of drilling platforms went up to 88 and workplace headquarters have been established in Zhengzhou, Henen. * Acquired their sixth PSC in 2008; Shizhuang South Block declares the very first business fuel production. * As of December in the year 2009, $46.9 million (USD) was Green Dragon's reported revenue.

And that's simply information that everybody can easily see. Much more individuals other than him have come to comprehend that the company is a very good investment decision. Their progressive technologies still spur original improvements in their subject and have made the public aware of their contributions. Greka Drilling has been in the news just lately with events including those seen below.

* Penn Energy report's massive drilling campaign for which Greka acquired CBM rigs numbering 25 * Upstream reports that it gets a contract for methane drilling thanks to Drillmec * Investors Chronicle says that it is ready to go by tapping into China's third party drilling opportunities * The Daily Mail sings the praises of Greka Drilling and says that investor demand is still high * Proactive Investor's Jamie Ashcroft says that their proprietary technology is unlocking China's CBM potentials * And again Jamie Ashcroft discusses how the completion of the first SIS, specialized drill rig is enhancing Greka Drilling shares

Clearly, Randeep Grewal, his company Green Dragon and its offspring Greka Drilling are the current day movers and shakers of the industry. Financial reports for interested investors are obtainable on the websites belonging to each company and if you have an eye for a rising star, this company is certainly one to consider.




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