Great Eastern Energy Corporation Limited

GEEC

US39032T1060

Great Eastern Energy requests to delist shares in London

March 20, 2023 at 05:40 am EDT

Great Eastern Energy Corp Ltd - Asansol, India-based coal bed methane company - Requests the London Stock Exchange to delist and cancel admission to trading of its gross depository receipts and requests the UK Financial Conduct Authority to cancel standard listing of its GDRs from the official list of the FCA. Intends for delisting to become effective April 21, in accordance with listing rules requiring at least 20 business days of notice for a cancellation of listing.

Current stock price: 5.00 pence, down 63%

12-month change: down 83%

By Greg Rosenvinge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
LONDON STOCK EXCHANGE PLC	8,934 GBX	+0.49%	-0.56%	59.47B
FTSE 100	8,140 PTS	+0.75%	+3.09%	-
GREAT EASTERN HOLDINGS LIMITED	18.69 SGD	+0.38%	+2.47%	6.49B

Latest news about Great Eastern Energy Corporation Limited

Great Eastern Energy Corporation Limited Reports Earnings Results for the Half Year Ended September 30, 2023	Dec. 06	CI
Great Eastern Energy Corporation Limited Reports Earnings Results for the Full Year Ended March 31, 2023	23-06-01	CI
Redx confirms Jounce deal lapses, Tirupati seals deal	23-04-03	AN
Great Eastern Energy Plans to Delist from London Bourse; Stock Tumbles 63%	23-03-20	MT
Great Eastern Energy requests to delist shares in London	23-03-20	AN
IN BRIEF: Great Eastern Energy interim profit falls on depreciation	22-11-07	AN
Earnings Flash (GEEC.L) GREAT EASTERN ENERGY Posts Fiscal H1 Revenue $13.1M	22-11-07	MT
Great Eastern Energy Corporation Limited Reports Earnings Results for the Half Year Ended September 30, 2022	22-11-06	CI
UK earnings, trading statements calendar - next 7 days	22-11-04	AN
UK earnings, trading statements calendar - next 7 days	22-11-03	AN
UK earnings, trading statements calendar - next 7 days	22-11-02	AN
UK earnings, trading statements calendar - next 7 days	22-11-01	AN
UK earnings, trading statements calendar - next 7 days	22-10-31	AN
Great Eastern Energy Corporation Limited Reports Earnings Results for the Full Year Ended March 31, 2022	22-07-09	CI
Great Eastern Energy Corporation Limited Reports Earnings Results for the Half Year Ended September 30, 2021	21-11-12	CI
Great Eastern Energy Corporation Limited Reports Earnings Results for the Full Year Ended March 31, 2021	21-07-14	CI
Great Eastern Energy : Loses 6% As H1 Revenue Tumbles Amid COVID-19	20-11-11	MT
Great Eastern Energy : Earnings Flash (GEEC.L) GREAT EASTERN ENERGY Posts H1 EPS $0.69	20-11-11	MT
Great Eastern Energy : Earnings Flash (GEEC.L) GREAT EASTERN ENERGY Posts H1 Revenue $12.3M	20-11-11	MT
Great Eastern Energy Corporation Limited Reports Earnings Results for the Half Year Ended September 30, 2020	20-11-09	CI
Great Eastern Energy Corporation Limited Reports Earnings Results for the Full Year Ended March 31, 2020	20-06-02	CI
Great Eastern Energy Corporation Limited Reports Earnings Results for the Half Year Ended September 30, 2019	19-11-07	CI
Great Eastern Energy Corporation Limited Announces Preliminary Production and Earnings Results for the Year Ended March 31, 2019	19-05-14	CI
Great Eastern Energy Corporation Limited to Invest USD 2 Billion in Raniganj CBM Block in India	18-12-02	CI
Great Eastern Energy Corporation Limited Announces Earnings and Production Results for the Six Months Ended September 30, 2018	18-11-29	CI

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Company Profile

Great Eastern Energy Corporation Ltd is engaged in exploring, developing, distributing, and marketing of coal bed methane (CBM). The Company is involved in the extraction and sale of coal bed methane (CBM)/compressed natural gas (CNG) gas in India. Its upstream operation includes a Raniganj (South) block license area covers approximately 210 square kilometers (52,500 acres), 10.62 trillion cubic feet (TCF) of Original-Gas-in-Place. It drills 300 wells in the contracted area. It has a pipeline of 77.62 km running through the heart of the Asansol-Durgapur industrial belt The Company's midstream operations include RANIGANJ (SOUTH) BLOCK, which is a Gas Gathering Station and related infrastructure all fully operational. The Company's second asset is the Mannargudi license, which is situated in the state of Tamil Nadu in India. The Mannargudi license covers an area of approximately 667 square kilometers and over 0.98 TCF of Gas-in-Place.

Sector

Oil & Gas Drilling

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