Greka Energy
Greka Energy

Greka Energy, currently also known as HVI Cat Canyon Inc. is a private United States oil and gas company operating principally in southern and central California, centered on Santa Barbara County. Formed in 1999 after acquisition and merger of several smaller firms, it is a subsidiary of Greka Integrated, Inc., a holding company headquartered in Santa Maria, California, and is wholly owned by Randeep Grewal. Wikipedia

Greka Energy
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Greka Energy, currently also known as HVI Cat Canyon Inc. is a private United States oil and gas company operating principally in southern and central California, centered on Santa Barbara County. Formed in 1999 after acquisition and merger of several smaller firms, it is a subsidiary of Greka Integrated, Inc., a holding company headquartered in Santa Maria, California, and is wholly owned by Randeep Grewal. Wikipedia

  • G3 Exploration announces operation update and 2018 outlook. The company is off to an exciting start and we expect it to continue as we work to achieve the objectives set out, throughout the year, in our operations, as well as continued value monetisation of our existing assets. In March 2018, it will be 10 years since our first LiFaBriC completed well drilled by Greka Drilling, GSS008, commenced production, which has produced 1.61 Bcf to-date, and continues to produce at a steady rate. Continued production success is being replicated across our asset portfolio. We anticipate two additional blocks to commence production by yearend.
  • G3 Exploration announces operations update for 2017. Materially advanced exploration in Guizhou (GGZ Block) by successfully drilling and completing 12 CBM production wells. We expect first gas expected at the GGZ Block in Guizhou Province in 2018.
  • Greka executes another three Supplementary Agreements with CUCBM, a subsidiary of China National Offshore Oil Corporation (CNOOC), regarding three Production Sharing Contracts (PSC's) in China in the Shanxi, Anhui and Jiangxi regions. These agreements conclude our five PSC's that have been in question over the past eight years, ensuring a committed close cooperation between CUCBM and Greka to unlock and monetise all our lucrative prolific gas Blocks. The detail within these Supplementary Agreements eliminates the ambiguity within the PSC's and provides a transparent and clear road map to conclude the exploration programme and progress to commerciality. It sets another milestone on our path to monetization.

G3 Exploration announces operation update and 2018 outlook. The company is off to an exciting start and we expect it to continue as we work to achieve the objectives set out, throughout the year, in our operations, as well as continued value monetisation of our existing assets. In March 2018, it will be 10 years since our first LiFaBriC completed well drilled by Greka Drilling, GSS008, commenced production, which has produced 1.61 Bcf to-date, and continues to produce at a steady rate. Continued production success is being replicated across our asset portfolio. We anticipate two additional blocks to commence production by yearend.

G3 Exploration announces operations update for 2017. Materially advanced exploration in Guizhou (GGZ Block) by successfully drilling and completing 12 CBM production wells. We expect first gas expected at the GGZ Block in Guizhou Province in 2018.

Greka executes another three Supplementary Agreements with CUCBM, a subsidiary of China National Offshore Oil Corporation (CNOOC), regarding three Production Sharing Contracts (PSC's) in China in the Shanxi, Anhui and Jiangxi regions. These agreements conclude our five PSC's that have been in question over the past eight years, ensuring a committed close cooperation between CUCBM and Greka to unlock and monetise all our lucrative prolific gas Blocks. The detail within these Supplementary Agreements eliminates the ambiguity within the PSC's and provides a transparent and clear road map to conclude the exploration programme and progress to commerciality. It sets another milestone on our path to monetization.

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