logo-loader
EnergyOil & Gas
G3 Exploration Ltd

G3 Exploration receives final approval to develop Chengzhuang Block (GCZ)

Randeep Grewal, chief executive of G3 Exploration PLC (LON:G3E), spoke to Proactive's Andrew Scott after receiving final approval from China’s National Development and Reform Commission (NDRC) to develop the Chengzhuang Block (GCZ).

The overall development plan approval covers 33 sq km of the 67sq km licence, which is situated in Shanxi Jincheng Qinshui county.

G3 has a 47% participating interest alongside state-controlled China National Petroleum Corporation (CNPC), which holds the remaining 53%.

Quick facts: G3 Exploration Ltd

Price: £0.35

Market: LSE
Market Cap: £54.63 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of G3 Exploration Ltd named herein, including the promotion by the Company of G3 Exploration Ltd in any Content on the Site, the Company receives...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Capital Network's Lionel Therond on Green Dragon Gas Ltd

Lionel Therond, analyst at Capital Network discusses Green Dragon Gas' plans to list its production subsidiary on the Hong Kong Stock Exchange as a dividend in specie.

on 12/15/2017

2 min read