Change of Adviser

RNS Number : 5808K

Green Dragon Gas Ltd

31 December 2015

 

31 December 2015

GREEN DRAGON GAS LTD.

("Green Dragon" or the "Company")

Change of Adviser

Green Dragon Gas Ltd. (LSE:GDG), one of the largest independent companies involved in the production and sale of CBM gas in China, announces that Citigroup Global Markets Limited and Peel Hunt LLP have become joint brokers to the Company.

For further information on the Company and its activities, please refer to the website at www.greendragongas.com or contact:

Instinctif Partners

David Simonson

Tel: [phone]

Citigroup

Tom Reid / Luke Spells

Tel: [phone]

Peel Hunt

Richard Crichton / Ross Allister

[phone]

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 has 380Bcf of 2P reserves and 2,418Bcf of 3P reserves across eight production blocks covering over 7,566km² 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.

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