(EnergyAsia, January 19) — Great Eastern Energy Corporation Ltd (GEECL), the Indian coalbed methane (CBM) firm, has raised US$20 million through a Global Depositary Receipts (GDR) issue to part finance its drilling of wells at the Raniganj coalfields, Press Trust of India reported. Great Eastern aims to soon drill the first of 20 wells…
INDIA: CBM firm major Great Eastern raises US$20 million for drilling
Posted on January 19, 2006 by EnergyAsia