• Raniganj North Block:
1. Block has 2.6244 TCF gas in place
2. 156 drilled wells
3. Dedicated Pipeline of 77.62 km through the Asansol-Durgapur industrial belt
• Mannargudi Block:
1. It has 0.98 TCF Gas in place
2. Single seam up to 80m
3. Plan to initially drill 50 core wells and 30 pilot production wells
On 23 September 2015 - Prashant Modi[3] - Great Eastern Energy Corp Ltd (GEECL) announced the appointment of Prashant Modi as its new Managing Director and Chief Executive Officer.[4]
Prashant Modi was President and Chief Operating Officer of the company which produces natural gas from coal seams (coal bed methane or CBM) in West Bengal.[citation needed]
Prashant Modi takes over the new role from his father, Yogendra Kumar Modi, who was the Chairman and CEO of the company.[citation needed]
Other Officers
- Yogendra Modi
- Ashok Jha
- S. Sundareshan
- Gurvirendra Singh Talwar
- Paul Zuckerman
- S. Suriyanarayanan
As the only Indian company to have its primary listing on London Stock Exchange, GEECL managed to establish its reputation on a global level. The revenue of the company in 2010 was $2.47 million, which has increased to $33.79 million in 2014. Along with this, GEECL has also reflected a growth in Earnings per share, from -$0.148 in 2010 to $0.17 in 2014.[5]
On 21 April 2023 GEECL voluntarily delisted from the London Stock Exchange, stating that the volume of trading of the GDRs on the LSE was negligible and did not justify the costs related to such listing and trading.
Prashant, Modi. "Prashant Modi". prashantmodi.in/. Prashant Modi. Retrieved 12 September 2015. Economic, Times. "Prashant Modi". economictimes.indiatimes.com. Economic Times. Retrieved 29 September 2015.