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Green Dragon is the parent company of Greka China, and is exclusively focused in gas industry in China. Green Dragon operates within China under its subsidiary Greka. |
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Green Dragon is a gas supplier based in China with a focus on the development, production, distribution and sales of natural gas from coal seams, commonly known as coal bed methane or CBM. Our goal is to increase the degree of vertical integration in our operations. |
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Greka China, a pioneer in the appraisal and development of CBM projects in China, generates our CBM supply from 6 projects in Shanxi, Jiangxi, Anhui and Guizhou province covering acreage holdings of a total of 7,566 km 2 and an estimated 25 Tcf of Gas In Place. CBM distribution from these projects to customers is mainly in the form of Compressed Natural Gas (CNG) and to a lesser extent, via pipeline in the form of Piped Natural Gas (PNG). |
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Greka China collaborates with Petro-China and CUCBM in the development of our CBM reserves. Greka China has operational rights under the CBM Development Projects pursuant to production sharing contracts, PSCs with Petro-China CUCBM. |
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Greka Technical Services, an in house drilling division on CBM drilling rig based in Zhengzhou as our operational hub of our upstream operations. The seven technically advanced drilling rigs are manufactured from United States and the hiring of 150 technical skilled and trained personnel. |
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Greka Transport and Infrastructure. We believe a fully-integrated company will further create synergies with our existing business and enhance our ability to capture opportunities made available by the expected growth in the demand for natural gas in China. To realize our synergy in mid-stream, we plan to establish our own logistics operations to deliver our CBM production to our customers. |
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Greka Gas Distribution develops and operates Compressed Natural Gas (“CNG”) Service Stations. Our CNG stations sites are synergistic to our interest in the Shizhuang South coalbed methane production block in Shanxi as well as its recently acquired distribution centre located in Zhengzhou |
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Greka Manufacturing is profitable operating equipment supplier for CNG vehicles, service stations and other related activities. Our CNG dispenser carries the “GREKA” brand has a current capacity to produce over 300 CNG dispensers in modular and can be expanded as the demand for CNG continues to grow throughout China. |
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Greka Information Technology is a niche technology division providing proprietary software and Supervisory Control and Data Acquisition systems for petrochemical companies. This proprietary software is required across all facets of our company’s operation from upstream drilling and CBM production, to midstream gas compression and transportation and the downstream gas sales and cash collection. |
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