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Greka Drilling publish operations update


Published Jul 27, 2015
Greka Drilling Limited

Greka Drilling Limited is pleased to provide an operations update for H1 2015.

Operational Highlights

  • 28 wells drilled during H1 2015 (H1 2014: 19 wells), of which: •19 wells drilled in China ◦2 Laterals ◦17 Verticals and directionals

•9 wells drilled in India •18 wells drilled (64%) for Green Dragon Gas Ltd. ('Green Dragon Gas') •10 wells drilled (36%) for other clients

  • Total of 26,367 metres drilled in H1 2015, a 25% increase over H1 2014 (21,159 metres) •16,447 metres drilled in China •9,920 metres drilled in India

  • 20,721 man-hours of training were conducted for Company staff in China and India during H1 2015, a 137% increase over H1 2014 (8,752 man-hours)

  • Vertical wells drilled in China averaged 11.2 days compared to 9.3 days in H1 2014

  • Directional wells drilled in China averaged 11.8 days compared to 11.5 days in H1 2014

Tags: Greka Drilling Ltd.




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