REG - Green Dragon Gas Ltd - Investor Roadshow <Origin Href="QuoteRef">GDG.L</Origin>
RNS Number : 6527XGreen Dragon Gas Ltd09 May 20169 May 2016
GREEN DRAGON GAS LTD.
("Green Dragon" or the "Company")
InvestorRoadshow
Green Dragon Gas Ltd. (LSE: GDG), one of the largest independent companies involved in the production and sale of CBM gas in China, is pleased to announce that it will be conducting an Investor Roadshow during May and June 2016.
At theCapital Markets Day on 27 April 2016, Green Dragonoutlined its "Vision for 2020" which included:
A proposed framework for delivering value to shareholders as assets mature;
Strategy around the Company's downstream assets and current farm-out objectives; and,
Potential debt and equity (including Primary and Secondary equity) financing options to develop assets and enhance trading liquidity.
The Company is seeking to meet with a mixture of existing shareholders and potential investors in order to present the Company's "Vision for 2020".
The Company's recent Capital Markets Day presentation including the "Vision for 2020" is available in full on its website at www.greendragongas.com.
For further information on the Company and its activities, please refer to the website atwww.greendragongas.comor contact:
Instinctif Partners
David Simonson / George Yeomans
Tel: +44 20 7457 2020
Citigroup
Tom Reid / Alex Carter / Luke Spells
Tel:+44 20 7986 4000
Peel Hunt
Richard Crichton / Ross Allister
Tel:+44 20 7418 8900
About Green Dragon Gas
Green Dragon Gas is a leading independent gas producer with operations in China and is listed on the main market of the London Stock Exchange (LSE: GDG). The Company has549Bcf of 2P reserves and2,379Bcf of 3P reserves across eight production blocks covering over 7,566km 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.
This information is provided by RNSThe company news service from the London Stock ExchangeENDMSCDMGGKLLFGVZG
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