Greka Drilling Limited has won a new contract to provide CBM drilling services to PetroChina Huabei Oilfield Limited in the Fanzhuang block in Shanxi Province, China. Greka Drilling successfully drilled 13 wells (involving 19,257 metres) for PetroChina from 2013 to 2015 and is pleased to be awarded this contract for up to 5 horizontal wells. The new contract is for a period of one year. Drilling operations are expected to commence shortly.
At 9:46am: (LON:GDL) Greka Drilling share price was -0.01p at 2.52p