Company Profile
Great East Energy is a producing, development stage company targeting the growing independent natural gas production industry of Ukraine, as Europe’s second-largest country by land mass makes energy self-sufficiency from Russia a priority. With Ukraine natural gas priced over three times U.S. levels, the energy industry holds compelling economics as well. Through its local operating subsidiaries NPK-KONTAKT and LISPROMGAZ, the completion of GASE’s well development activities are planned to result in a multi-million dollar inward investment into Ukraine.

Using North American capital, know-how, and technology to make Ukraine energy-independent from Russia
- Create attractive entry valuations by focusing on unconventional (tight) gas production that is still in the infancy-stage in Ukraine and not well understood by local operators
- Lower capital expenditures and shorten well-payback period by going after shallow drilling opportunities (700m-2,000m)
- Reduce geological risk by pursuing opportunities with historical data and employing world-class well control
- Benefit from strong demand for gas and favorable pricing in energy-intensive Ukraine
- Maintain control and lower operational risk by owning at least 50% of needed infrastructure
- Broaden portfolio while retaining upside by acquiring licenses that offer both conventional and unconventional targets and farming out deep, expensive operations to larger players
-
Tuesday, March 25, 2014
-
Great East Energy CEO Voices Positive Outlook for GASE and Natural … Marketwire
-
Thursday, March 13, 2014
-
Great East Energy’s Position Strengthens in Ukraine With Russia’s T… Marketwire
-
Tuesday, March 11, 2014
-
Great East Energy CEO Says “Gas Prices Will Remain High” in Middle … Marketwire
-
Thursday, March 06, 2014
-
Great East Energy Could Be Part of Ukraine’s Solution to Energy Sel… Marketwire
-
Tuesday, March 04, 2014
-
Great East Energy Names International Energy Executive Herve Collet… Marketwire
-
Thursday, February 27, 2014
-
Great East Energy Could See More Pipeline, More Customers and More … Marketwire
-
Tuesday, February 25, 2014
-
Great East Energy Plans Expansion of Gas Holdings to 1,000 Square M… Marketwire
|
Like this:
Like Loading...
Related
Leave a Reply