Great E. Energy Corp - Extraordinary General Meeting
14/10/2015 07:01
RNS Number : 1414C
Great Eastern Energy Corp Ltd
14 October 2015
14 October 2015
Great Eastern Energy Corporation Limited
("Great Eastern" or "the Company")
Extraordinary General Meeting
Great Eastern Energy Corporation Limited (LSE: GEEC), the fully integrated, leading IndianCoal Bed Methane (CBM) company,is pleased to announce that it will convene an Extraordinary General Meeting (EGM) of the shareholders of the Company on November 19, 2015, at the Company's Corporate Office: Signature Towers - A, 14th Floor, South City, NH - 8, Gurgaon - 122 001, Haryana, India.
Copy of the notice sent to shareholders for convening the EGM is available on the Company's website:
http://www.geecl.com/pdfs/Notice-EGM-10-2015.pdf
The said notice has also been forwarded to the depository, Deutsche Bank Trust Company Americas on behalf of GDR holders. Holders of GDRs in the Company who have not received a copy of the notice may obtain a copy from the Company's website.
About the Company
The Company is a fully integrated gas production, development and exploration company in India, providing gas to the growing industrial region of West Bengal.Gas is being produced (Coal-Bed Methane gas) from the Raniganj (South) license area, which covers 210 sq. km, with 2.62 TCF of Gas-in-Place.
The Company's second asset is the Mannargudi license situated in the state of Tamil Nadu in India, which covers an area of 667 sq. km and 0.98 TCF Gas-in-Place.
In the year ended as on 31 March 2015, the Company increased its turnover by 9% to US$ 37.46m, EBITDA by 4% to US$ 24.80m and cash generation by 13% to US$ 20.21m.
For further information please visitwww.geecl.com
For further information please contact:
Great Eastern Energy
Yogendra Kr. Modi Executive Chairman +44 (0)20 7614 5917
Prashant Modi Managing Director & CEO
Arden Partners
James Felix +44 (0)20 7614 5900
Ciaran Walsh
Camarco
Ginny Pulbrook +44 (0)20 3757 4992
Billy Clegg
Georgia Mann
This information is provided by RNS
The company news service from the London Stock Exchange
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