08 March 2010
GREEN DRAGON GAS LTD
("Green Dragon" or "the Company")
Notice of Earnings Announcement
Green Dragon Gas Ltd. (AIM:GDG), the Chinese vertically integrated gas business, announces that it will be releasing its full year 2009 audited annual financials on Monday, 22 March 2010. There will be an analyst conference call at 9:00am on the day.
For further information on the Company and its activities, please refer to the website at www.greendragongas.com or contact:
Stephen Hill / Betty Cheung: Green Dragon Gas
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+852 3710 0168 |
Dr Azhic Basirov/ David Jones: Nominated Adviser & Broker /Smith & Williamson Corporate Finance Limited
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+44 20 7131 4000 |
Tim Redfern: Broker / Evolution Securities
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+44 20 7071 4300 |
Nick Morgan: Broker / GMP Securities Ltd
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+44 20 7647 8455 |
James Henderson: Investor Relations / Pelham Bell Pottinger |
+44 20 7337 1500 |
About Green Dragon Gas:
One of the largest independent Coal Bed Methane company in China with a range of high quality assets.
Independently Audited 3P Reserves by Netherland Sewell and Associates of 2.3TCF with a net present value of US$ 9.3bn as at December 31 2009.
Six Production Sharing Contracts located across Shanxi, Anhui, Jiangxi and Guizhou provinces. ConocoPhillips has a farm in option for the production sharing contracts in Shanxi province.
The Company has a fast growing gas distribution network in Beijing and in Shandong, Henan and Anhui provinces.