Source - SMW
Great Eastern Energy Corporation's  total revenues rose to $16.63m in the six months to the end of September - up from $13.50m a year ago.

 EBITDA increased to $8.79m from $5.85m.

Average production increased 25.6% to 19.50 mmscfd and average sales totalled 9.53 mmscfd (H2 FY 2017: 9.20 mmscfd; H1 FY 2017: 8.22 mmscfd).

Managing director and chief executive  Prashant Modi said: 'The revenues and sales volume continue to show good growth. 

'We have a focused plan to maximise production with our current portfolio of acreage as well as pursuing a further drilling program and new opportunities. 

'With the continued growth of the Indian economy and stable government policies, we expect the demand to grow even further.'






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Great Eastern Energy Corporation (GEEC)

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