Great Eastern Energy Corporation Ltd. (GEECL) is a pioneer in the field of Coal Bed Methane (CBM) in India. In December 2005, GEECL became the first Indian Company to be listed on the London Stock Exchange's Alternative Investment Market (AIM) and in May 2010, the Company’s GDRs were admitted to the main market of the London Stock Exchange.
GEECL is a fully integrated, leading Indian CBM company focused on the monetisation of natural gas from coal seams. GEECL is a vertically integrated gas supplier and is connected to customers in the Raniganj (South) block by an owned and operated dedicated pipeline network.
GEECL’s assets include the Raniganj (South) block (210 sq. km / 52,500 acres) in the Damodar Valley, 185 km from the city of Kolkata, West Bengal with an estimated Gas-in-Place of 2.40 TCF (As certified by Advance Resources International, Inc.), on which, GEECL commercialised CBM for the first time in India in 2007. In 2010, GEECL was awarded the Mannargudi block (667 sq. km / 166,750 acres) under the CBM round IV. The estimated Gas-in-Place as per the Directorate General of Hydrocarbons (DGH) is 0.98 TCF.
GEECL’s exploration, production, and development program will entail drilling 300 production wells in its Raniganj (South) block, and 50 core wells and 30 pilot production wells in its Mannargudi block.