Company Profile For Great Eastern Energy Corp Ltd
Overview
Great Eastern Energy Corporation Limited (GEECL) is engaged in the exploration, development, distribution and marketing of coal bed methane (CBM) in India. The Company also supplies compressed natural gas (CNG) to automobiles through outlets of Indian Oil Corporation, with whom it has a franchise agreement and through its own outlets, as well. As of March 31, 2009, CNG was being dispensed through six filling stations, out of which four belonged to IOCL and two were of the Company’s. As of March 31, 2009, GEECL had drilled a further 25 wells, which were under various stages of completion.
Quick Financial Synopsis
BRIEF: For the fiscal year ended 31 march 2009, Great Eastern Energy Corporation Ltd.'s revenues totaled $701K up from $123K. Net loss totaled $6.5M, up from $2.5M. Revenues reflect increased sales from Company's product and services. Higher loss reflects an increase in personnel expenses, higher depreciation & amortization, an increase in interest expense, the presence of repairs & stores & consumable expenses and lower interest income.
Company Address
Great Eastern Energy Corp Ltd
Signature Towers - A,
14th Floor
South City,NH-8, Haryana
Gurgaon 122 001
P: +91124.4559900
F: +91124.2580467
Signature Towers - A,
14th Floor
South City,NH-8, Haryana
Gurgaon 122 001
P: +91124.4559900
F: +91124.2580467
Total Employees
31
Find Out More About GEECq.L
Market Update
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Commodities
| Commodity | Last | Pct Chg | Trade Date/Time |
|---|---|---|---|
| Oil | 77.86 | -0.74% | 11/26 18:47 IST |
| Gold | 1184.3 | -0.23% | 11/26 18:27 IST |
