Great Eastern Energy Completes Pipeline Project in India

Thursday, September 10, 2009

Great Eastern Energy Corporation Limited, a company involved in the exploration, development and production of coal bed methane in India is pleased to announce that, further to the announcement on August 13, 2009 regarding Pipeline Progress, it has successfully completed laying the entire pipeline on the Asansol-Durgapur sector resulting in a total pipeline of 77.47 km. The Company is currently in the process of testing the remaining section, comprising 30.39 km, from Raniganj – Durgapur.

The total pipeline of 77.47 km comprises 11.8 km connecting the Gas Gathering Station (GGS) to the Central Gathering Station (CGS); 12.36 km connecting CGS to Kulti, and 53.31 km connecting Asansol (CGS) to Durgapur.

The pipeline system, which is capable of carrying up to 35 mmscfd at 15 bar pressure, is part of a vertically integrated network consisting of drilling, production, compression, transportation and distribution services.

Prashant Modi, President and Chief Operating Officer Great Eastern Energy, commented:
“The completion of the laying of the pipeline from Asansol to Durgapur is a significant milestone achieved by the Company and gives access to new market opportunities for Great Eastern Energy. With the production potential of the license no longer in question the focus of the business has increasingly moved towards sales, marketing, and distribution.”

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