Great E. Energy Corp - Stepping down of Director
13/06/2016 08:57
RNS Number : 9725A
Great Eastern Energy Corp Ltd
13 June 2016
13 June 2016
Great Eastern Energy Corporation Limited
("Great Eastern" or "the Company")
Stepping down of Director
Great Eastern Energy Corporation Limited (LSE: GEEC), the fully integrated, leading IndianCoal Bed Methane (CBM) Company, announces that further to the announcement on07 June 2016, Mr. Paul Sebastian Zuckerman, Independent Director of the Company, has stepped down from the Board of Directors of the Company w.e.f. 12 June 2016 in the line with the policy adopted and approved by the Nomination and Remuneration Committee of the Company.
The Company appreciates the valuable assistance and guidance provided by Mr. Zuckerman during his tenure with the Company.
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.
For further information please visitwww.geecl.com
For further information please contact:
| Great Eastern Energy | +44 (0)20 7614 5917 | |
| Yogendra Kr. Modi | Executive Chairman | |
| Prashant Modi | Managing Director & CEO | |
| Arden Partners | +44 (0)20 7614 5900 | |
| James Felix | ||
| Patrick Caulfield |